RPT-Getinge posts Q4 profit in line with forecasts

Tue Jan 28, 2014 7:20am EST

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STOCKHOLM Jan 28 (Reuters) - Swedish medical technology firm Getinge posted a 6 percent rise in fourth-quarter core profit on Tuesday, in line with forecasts, and predicted sales growth in 2014 on a par with that of 2013.

Earnings before interest, taxes, amortisation and restructuring costs rose to 2.06 billion Swedish crowns ($321 million) from a year-earlier 1.94 billion. The mean forecast in a Reuters poll of analysts was for a rise to 2.10 billion.

Getinge said it believed Western European markets have started to recover, but that regaining volumes would be a slow process.

Link to full report: r.reuters.com/xem46v

($1 = 6.4312 Swedish crowns) (Reporting by Sven Nordenstam)