Getinge Q2 profit lags consensus, sees better earnings growth H2

STOCKHOLM, July 11 Wed Jul 11, 2012 2:46am EDT

Related Topics

STOCKHOLM, July 11 (Reuters) - Medical technology group Getinge posted a smaller second-quarter pretax profit than expected on Wednesday but forecast significant earnings growth improvement in the second half of the year after strong order intake in the quarter.

Pretax profit at the Swedish group grew to 716 million crowns ($102.6 million) from a year-earlier 654 million, compared with a consensus forecast in a Reuters poll of analysts for 743 million.

Organic order intake growth was 8.2 percent.

($1 = 6.9810 Swedish crowns) (Reporting by Stockholm Newsroom)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.