Getinge Group second-quarter net profit increases by 24.5% to SEK 890 M

Jul 12 2010NewsGuard 100/100 Score

Orders received increased by 1.1% to SEK 11,204 M (11,081), and grew organically by 6.9%.

· Net sales declined by 1.5% to SEK 10,512 M (10,677)

· Profit before tax rose by 23.6% to SEK 1,227 M (993)

· Net profit increased by 24.5% to SEK 890 M (715)

· Earnings per share increased by 24.4% to SEK 3.72 (2.99)

· Strong cash flow

· EBITA before restructuring costs increased by 20.6% during the quarter to SEK 983 M (815)

· Continued favourable earnings outlook for 2010

Source Getinge Group

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