Q1 2022 Getinge AB Earnings Call Transcript
Welcome to the Getinge AB audiocast with teleconference Q1 2022. (Operator Instructions) Just to remind you, this conference call is being recorded.
Today, I'm pleased to present Mattias Perjos, CEO; and Lars Sandstrom, CFO. Please begin your meeting.
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Thank you very much, operator, and thank you, everyone, for joining today's earnings call. We can start directly with moving to Page #2, and I will take you through the key takeaways for the quarter. So if we look at the key takeaways on performance for the quarter, we have a net sales decrease of 6.4% and an order intake decrease of 4.4% organically in the quarter. If we adjust for the strong sales of ventilators in 2021, though, we grew organically both order intake and in net sales. So this is a natural shift at this stage of the pandemic and into the new normal, so to speak.
The order book grew by 8% during the quarter and is now 21% larger than at the same period in 2021 if we adjust
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