Medical gear maker Getinge's Q3 core profit drops on weak demand, high costs (updated)

Getinge publ AB

23/10/2023 07:06

(Adds numbers)
       STOCKHOLM, Oct 23 (Reuters) - Sweden's Getinge
 GETIb.ST  reported on Monday a drop in third quarter core
profit hit by weak demand, high wage inflation and costs related
to its previous quality and supply problem at a division. 
        The Swedish medical gear maker's adjusted operating
profit before amortisation, restructuring costs and write-downs
(EBITA) for the quarter amounted to 1.1 billion Swedish crowns
($100.17 million) against 1.2 billion crowns a year earlier.  
  

 (Reporting by Marta Frąckowiak and Marie Mannes, editing by
Louise Rasmussen)
 ((marta.frackowiak@thomsonreuters.com))