January 28, 2014 / 12:20 PM / in 4 years

RPT-Getinge posts Q4 profit in line with forecasts

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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

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