Getinge Thrives Amid Challenges With Strong Quarterly Growth
Getinge's Strong Performance in Challenging Times
The latest financial results from Getinge demonstrate remarkable resilience and growth, with the company achieving a robust organic sales increase. Despite the various geopolitical challenges it faces, such as tariffs and fluctuating currencies, Getinge managed to rise above expectations during the third quarter of the year.
Key Financial Highlights
According to Mattias Perjos, President & CEO of Getinge, there has been a notable organic growth rate of 9.5% in net sales, complemented by a 4.7% rise in order intake. This growth indicates a healthy demand for the company's medical technology solutions as they continue to serve vital healthcare needs globally.
Record-Breaking Sales Figures
The successful growth is largely attributed to the Acute Care Therapies division, which has been operating at full capacity to meet the escalating demand for ventilators. Additionally, significant sales figures from ECLS consumables illustrate the ongoing commitment to enhancing patient care. Life Science and Surgical Workflows also contributed to this positive trend, breaking sales records due to strong performances in Sterile Transfer and operating tables.
Product Development and Regulatory Approvals
In a further display of Getinge's commitment to innovation, the company recently regained CE Mark approval for its intra-aortic balloon pump, Cardiosave. The anticipated resumption of deliveries in the fourth quarter positions Getinge for continued growth in that segment.
New Approvals Expanding Market Reach
The company achieved additional regulatory success with the Advanta V12 balloon expandable covered stent, which now has approvals for three new indications. This advancement not only strengthens Getinge's product portfolio but also enhances its competitiveness in the European market.
Cost Management Strategies
Despite various challenges, including tariff costs amounting to SEK -236 million, Getinge has implemented successful pricing strategies to manage financial pressure. Enhanced efficiency initiatives and productivity measures have resulted in a solid adjusted EBITA increase. The company is acutely aware of the need to control material and operational costs to maintain profitability.
Looking Ahead
As Getinge moves into the final quarter of the year, it anticipates tough comparative figures, but with confidence in its positioning and strategy. The company is poised for sustained growth, leveraging its strengths in key healthcare niches to meet the ever-increasing global healthcare demands.
Appreciation for Stakeholders
Mattias Perjos expressed gratitude to the company's customers and employees, acknowledging their critical roles in creating value for healthcare professionals and patients alike. This collaborative effort is crucial for continued success and innovation in the medtech sector.
Frequently Asked Questions
What were Getinge's net sales growth figures in Q3 2025?
Getinge reported a net sales increase of 9.5% compared to the previous year.
How did the order intake perform in the latest report?
The order intake rose by 4.7% organically during the third quarter.
What are some challenges Getinge faces?
The company has been navigating challenges due to tariff costs and negative currency effects impacting its operations.
What new product approvals has Getinge achieved recently?
Getinge regained the CE Mark for the Cardiosave intra-aortic balloon pump and received approvals for new indications for the Advanta V12 stent.
How many employees does Getinge have globally?
Getinge employs approximately 12,000 people worldwide.
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