Disappointing Q4 15 and FY 15 results for Getinge (ahead of consensus on top-line but profitability missing market expectations). Full-year net sales (sales and order intake growth rates are on an organic basis, unless specified otherwise) were up 1.8% yoy (13.4% in SEK) to SEK30.2bn (in line with our estimate), while Q4 15 sales increased 4.3% (11.3% in SEK) to SEK9.4bn. Profitability remained under pressure, with adjusted EBIT declining 11.1% for the full year to SEK3.4bn (margin deteriorat
01 Apr 2016
No abating of near-term headwinds
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No abating of near-term headwinds
Getinge AB Class B (GTN:FRA) | 0 0 0.9% | Mkt Cap: 25,911m
- Published:
01 Apr 2016 -
Author:
Jyoti Prakash -
Pages:
3
Disappointing Q4 15 and FY 15 results for Getinge (ahead of consensus on top-line but profitability missing market expectations). Full-year net sales (sales and order intake growth rates are on an organic basis, unless specified otherwise) were up 1.8% yoy (13.4% in SEK) to SEK30.2bn (in line with our estimate), while Q4 15 sales increased 4.3% (11.3% in SEK) to SEK9.4bn. Profitability remained under pressure, with adjusted EBIT declining 11.1% for the full year to SEK3.4bn (margin deteriorat