Getinge reported strong Q3 23 numbers, beating estimates across the board. Importantly, the growth was underpinned by encouraging trends across the segments. However, the firm surprisingly maintained its FY23 growth outlook of 2-5%. This comes across as very conservative in our view, given the 9M development and the broad-based improvements across the target markets. Hence, we expect to raise our estimates to factor in the high probability of a positive FY23 earnings surprise.
