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GETI B - Getinge AB News Story

SEK188.55 -2.1  -1.1%

Last Trade - 9:45am

Sector
Healthcare
Size
Large Cap
Market Cap £4.58bn
Enterprise Value £5.28bn
Revenue £2.45bn
Position in Universe 130th / 1787

BRIEF-CEO says 2020 CAPEX will be roughly in line with recent years'

Thu 16th July, 2020 10:02am
July 16 (Reuters) - Getinge AB  GETIb.ST  CEo mattias Perjos
to Reuters:
    * GETINGE CEO SAYS DEMAND FOR VENTILATORS PEAKED AT THE
MIDDLE OF
Q2, DEMAND FOR PRODUCTS WITHIN ECMO, STERILE TRANSFER  REMAIN AT
FAIRLY HIGH LEVEL
    * GETINGE CEO SEES CONTINUED ELEVATED DEMAND, FOR AN
EXTENDED
PERIOD OF TIME, FOR STERILE TRANSFER PRODUCTS USED IN THE
DEVELOPMENT OF VACCINES
    * GETINGE CEO SAYS 2020 CAPEX LEVEL WILL BE ROUGHLY IN LINE
WITH
PREVIOUS YEARS', THE ONGOING VENTILATOR CAPACITY RAMP-UP IS
PRIMARILY ABOUT STAFF AND COMPONENTS AND NOT VERY CAPEX
INTENSIVE
    * GETINGE CEO SAYS HIRED NEARLY 300 NEW STAFF IN Q2, HASN'T
BEEN
DIFFICULT TO FIND STAFF


Further company coverage:  GETIb.ST 

 (Reporting By Anna Ringstrom)
 ((Anna.Ringstrom@thomsonreuters.com;))
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