Getinge hits four-month high after Q4 earnings beat

Getinge publ AB

28/01/2025 08:23

** Shares in Getinge  GETIb.ST  rise 10% to nearly top of
STOXX  .STOXX  index, after the Swedish medical equipment
maker's Q4 earnings beat expectations
    ** The group's adjusted operating earnings before
amortisation (EBITA) were 2.14 billion Swedish crowns ($194.65
million) in the quarter, up 63% from a year earlier 
    ** Analysts were expecting 1.58 billion crowns, a
company-provided consensus shows  
    **  The group says in a statement it expects organic sales
growth of 2-5% for the full year 2025
    ** Getinge shares hits their highest since Sept. 2024, and
are on track for their best day since July 2024, if gains hold  
 

 (Reporting by Jesus Calero)
 ((Jesus.calero@thomsonreuters.com))