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;))