GÖTEBORG, Sweden--(BUSINESS WIRE)--Getinge: (STO:GETIB)
FOURTH QUARTER IN BRIEF
· Order intake increased by 7.5% to SEK 8,326 M (7,747). Order intake grew organically by 1.2%.
· Net sales increased by 11.3% to SEK 9,417 M (8,458). Net sales increased organically by 4.3%.
· EBITA* fell by 3.7% to SEK 1,920 M (1,994). EBITA was adversely affected by non-recurring costs amounting to SEK 218 M. Adjusted for these non-recurring costs, EBITA increased by 7.2%.
· Restructuring and integration costs amounted to SEK 174 M (259).
· Profit before tax amounted to SEK 1,371 M (1,371), unchanged compared with the year-earlier period.
· Earnings per share amounted to SEK 4.02 (4.15).
· A dividend per share of SEK 2.80 (2.80) is proposed, corresponding to SEK 667 M (667).
· Cash conversion from operating activities amounted to 68.5% (65.6).
· Pernille Fabricius was appointed new CFO of Getinge Group
FINANCIAL SUMMARY
MSEK | Q4 2015 | Q4 2014 | Change % | Jan-Dec 2015 | Jan-Dec 2014 | Change % | |||||||
Order intake | 8 326 | 7 747 | 7.5% | 30 431 | 26 817 | 13.5% | |||||||
Net sales | 9 417 | 8 458 | 11.3% | 30 235 | 26 669 | 13.4% | |||||||
Gross profit | 4 449 | 4 179 | 6.5% | 14 163 | 13 110 | 8.0% | |||||||
Gross margin | 47.2% | 49.4% | -2.2% | 46.8% | 49.2% | -2.4% | |||||||
EBITA* | 1 920 | 1 994 | -3.7% | 4 179 | 4 501 | -7.2% | |||||||
EBITA margin* | 20.4% | 23.6% | -3.2% | 13.8% | 16.9% | -3.1% | |||||||
Operating profit | 1 545 | 1 538 | 0.5% | 2 729 | 2 646 | 3.1% | |||||||
Profit before tax | 1 371 | 1 371 | 0.0% | 1 997 | 1 987 | 0,5% | |||||||
Net profit | 999 | 995 | 0.4% | 1 457 | 1 448 | 0.6% | |||||||
Earnings per share, SEK | 4.02 | 4.15 | -3.1% | 5.83 | 6.01 | -3.0% | |||||||
Cash flow from operations | 1 483 | 1 376 | 7.8% | 3 458 | 3 473 | -0.4% |
* before restructuring, acquisition and integration cost
This information was brought to you by Cision http://news.cision.com