Getinge Group Year-End Report 2015

GÖTEBORG, Sweden--()--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

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Contacts

Getinge Group
Kornelia Rasmussen
Executive Vice President, Communications & Brand Management
+46 10 335 5810
kornelia.rasmussen@getinge.com

Contacts

Getinge Group
Kornelia Rasmussen
Executive Vice President, Communications & Brand Management
+46 10 335 5810
kornelia.rasmussen@getinge.com