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GETI B — Getinge publ AB News Story

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Getinge soars as tariff refunds, price hikes help Q2 beat

BUZZ-Getinge soars as tariff refunds, price hikes help Q2 beat

** Shares in Getinge GETIb.ST jump close to 8% after it reported Q2 results ahead of expectations

** The Swedish medical equipment maker's Q2 adjusted EBITA rises 49% to SEK 1.48 billion ($153.2 million), against analysts' expectations of SEK 1.37 billion

** The company says a tariff refund, price increases and productivity improvements helped the results

** J.P.Morgan notes that strong performance in acute care therapies helped offset weaker margins in surgical workflows and life science

** Shares are on track for their best day in about 1-1/2 years

** They touch their highest price in about 8 months


(Reporting by Lucie Barbier)

((Email: lucie.barbier@thomsonreuters.com))

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