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GETI B - Getinge AB News Story

SEK191.5 0.0  0.0%

Last Trade - 28/09/20

Large Cap
Market Cap £4.50bn
Enterprise Value £5.18bn
Revenue £2.39bn
Position in Universe 129th / 1785

BUZZ-Getinge: Seen rising after as Q2 tops forecasts

Thu 16th July, 2020 7:51am
** Shares in Sweden's Getinge  GETIb.ST  seen rising 5%
after the medical equipment maker reports better-than-expected
Q2 results
    ** Q2 adjusted EBITA was at SEK 1.22 billion ($134.16
million), while order intake grew 17.5%*:nL5N2EM56N
    ** Handelsbanken says adjusted EBITA was materially above
consensus expectations, driven by better sales within high
margin Acute Care Therapies (ACT) were EBITA margin reached
29.9% in Q2
    ** Organic order growth was 17.5%, as well significantly
above consensus of 8.4%, the brokerage adds

($1 = 9.0939 Swedish crowns)

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