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Getinge AB (GETIb.ST)

GETIb.ST on Stockholm Stock Exchange

102.10SEK
21 Feb 2018
Change (% chg)

0.10kr (+0.10%)
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Mon, Jan 29 2018

Getinge core profit lags forecast, sees slight growth in 2018

STOCKHOLM, Jan 29 Swedish medical technology group Getinge on Monday reported a fourth-quarter core profit far below market forecasts and said it expected slight growth in organic sales this year.

BRIEF-Getinge Q4 core profit far below forecast​

* Q4 ‍EBITA 1** AMOUNTED TO SEK 1,111 M (1,689) WITH AN EBITA 1 MARGIN OF 15.1% (22.7)​

UPDATE 1-Getinge sets new financial targets ahead of Arjo listing

Nov 10 Swedish medical technology firm Getinge on Friday announced new financial targets following the proposed distribution and separate listing of its patient & post-acute care business, now called Arjo.

BRIEF-Getinge sets new financial targets after distribution of Arjo

* Revised strategy, new financial targets and restated financial information for Getinge (excluding Arjo)

REFILE-UPDATE 2-Getinge hopes to spin off PPAC division this year after Q3 profit dives

STOCKHOLM, Oct 18 Medical technology firm Getinge reported on Wednesday quarterly core profits below expectations, sending its shares down, and said it now hoped to spin off and list its smallest division by year-end.

BRIEF-Getinge Q3 core profit lags expectations, targets PPAC listing by year-end ​

* Q3 ‍order intake increased by 2.2% to sek 7,334 m (7,176). Order intake increased organically by 4.7%.​

BRIEF-Getinge's rights issue fully subscribed

* The preliminary result of Getinge rights issue shows that over 33.7 million shares, corresponding to approximately 99.2 percent of the shares in the offer, were subscribed for with subscription rights

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