Getinge AB logo

GETI B - Getinge AB News Story

SEK191.5 0.0  0.0%

Last Trade - 28/09/20

Sector
Healthcare
Size
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%  urn:newsml:reuters.com:*: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)

 ((jagoda.darlak@thomsonreuters.com))
© Stockopedia 2020, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.