Getinge reports Q1 adjusted EPS SEK 1.80

Net sales increased organically by 0.8% and the order intake rose by 3.9% organically. “We succeeded in surpassing last year’s record-breaking first quarter with organic growth in both net sales and order intake,” says Mattias Perjos, President & CEO at Getinge (GNGBY).”Adjusted EBITA margin was 11.1%, and excluding tariffs and currency effects would have been 12.6% and thus an improvement on last year. This confirms the ongoing positive trend in underlying profitability thanks to a steady focus on price adjustments, productivity and cost control. This is also reflected in the strong cash flow in the quarter. We are continuing to demonstrate that we are well positioned in our customers’ prioritized product categories, which gives us confidence for the future.”