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GETI B Getinge publ AB News Story

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Brief: Getinge Q3 Net Sales SEK 8.23 Bln, Above Estimate

Oct 21 (Reuters) - Getinge AB GETIb.ST:

Q3 ADJUSTED GROSS PROFIT SEK 4,051 MILLION

Q3 FREE CASH FLOW SEK 793 MILLION

Q3 ADJUSTED EBITA SEK 1,079 MILLION

Q3 ADJUSTED EPS SEK 2.42

Q3 NET SALES SEK 8,226 MLN VS SEK 8,035 MLN SEEN IN COMPANY COMPILED CONSENSUS

ADJUSTED EBITA INCREASED IN THE QUARTER, DESPITE TARIFF COSTS AND CURRENCY EFFECTS TOTALING SEK -236 M COMPARED WITH LAST YEAR

PRICE ADJUSTMENT STRATEGY REMAINS SUCCESSFUL, BUT SHORT TERM THE MEDTECH COMPANY NEEDS TO ABSORB A LARGE SHARE OF THE TARIFF COSTS

CEO SAYS "CONSIDERING THE TARIFF LEVELS TO DATE, WE HAVE CHOSEN TO REITERATE OUR FINANCIAL TARGET.”

Source text: ID:nWkr9wzpz

Further company coverage: [GETIb.ST]

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

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