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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