Company Getinge AB

Equities

GETI B

SE0000202624

Medical Equipment, Supplies & Distribution

Real-time Estimate Cboe Europe 09:04:08 2024-04-19 am EDT 5-day change 1st Jan Change
211.3 SEK +0.67% Intraday chart for Getinge AB +0.38% -6.15%

Business Summary

Getinge AB is the world's leader in producing and marketing medical equipment intended to health care facilities (clinics, hospitals, rest homes, etc.). Net sales break down by family of products as follows:

- medical systems (57.4%): equipment for operating rooms (primarily tables and lighting systems), ventilators and heart and lung machines, etc.;

- hospital sterilization equipment (29.4%);

- contamination prevention equipment (13.2%): in the fields of biopharmaceutical production, biomedical research, manufacturing of medical devices and laboratory applications.

Net sales break down by source of income into sales of equipment (45.3%), consumables (37.1%), services and spare parts (17.6%).

At the end of 2021, the group had 20 production sites worldwide.

Net sales are distributed geographically as follows: Sweden (1.8%), Europe/Middle East/Africa (35.8%), Americas (37.9%) and Asia/Pacific (24.5%).

Number of employees: 11,739

Sales per Business

SEK in Million2022Weight2023Weight Delta
Acute Care Therapies
51.9 %
15,285 54.0 % 16,529 51.9 % +8.14%
Surgical Workflows
34.5 %
8,981 31.7 % 10,974 34.5 % +22.19%
Life Science
13.6 %
4,026 14.2 % 4,325 13.6 % +7.43%

Sales per region

SEK in Million2022Weight2023Weight Delta
United States
36.8 %
10,143 35.9 % 11,697 36.8 % +15.32%
EMEA
9.5 %
2,911 10.3 % 3,036 9.5 % +4.29%
China
8.9 %
2,610 9.2 % 2,836 8.9 % +8.66%
Germany
5.8 %
1,631 5.8 % 1,859 5.8 % +13.98%
France
4.7 %
1,251 4.4 % 1,483 4.7 % +18.55%
Japan
3.9 %
1,254 4.4 % 1,241 3.9 % -1.04%
United Kingdom
3.5 %
949 3.4 % 1,100 3.5 % +15.91%
APAC
3.3 %
816 2.9 % 1,051 3.3 % +28.80%
Italy
3.1 %
849 3.0 % 980 3.1 % +15.43%
Spain
2.3 %
649 2.3 % 738 2.3 % +13.71%
Canada
2.3 %
606 2.1 % 731 2.3 % +20.63%
Australia
2.0 %
582 2.1 % 643 2.0 % +10.48%
Sweden
2.0 %
549 1.9 % 632 2.0 % +15.12%
Netherlands
1.6 %
496 1.8 % 518 1.6 % +4.44%
India
1.5 %
534 1.9 % 491 1.5 % -8.05%
Switzerland
1.3 %
284 1.0 % 423 1.3 % +48.94%
Americas
1.3 %
444 1.6 % 413 1.3 % -6.98%
Hong Kong
1.2 %
354 1.3 % 377 1.2 % +6.50%
Denmark
1.1 %
265 0.9 % 345 1.1 % +30.19%
Belgium
1.1 %
296 1.0 % 342 1.1 % +15.54%
Brazil
1.0 %
274 1.0 % 305 1.0 % +11.31%
South Korea
1.0 %
304 1.1 % 304 1.0 % 0.00%
Austria
0.9 %
-- 283 0.9 % -

Managers

Managers TitleAgeSince
Chief Executive Officer 52 17-04-30
Director of Finance/CFO - 22-09-14
Chairman 63 96-12-31
Compliance Officer 45 20-09-30
Director/Board Member 73 88-12-31
Investor Relations Contact - 16-08-31
Corporate Officer/Principal - 21-06-29
General Counsel 64 22-10-05
Corporate Officer/Principal 58 13-12-31
Human Resources Officer 55 16-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 68 06-12-31
Director/Board Member 73 88-12-31
Chairman 63 96-12-31
Director/Board Member 56 14-03-19
Director/Board Member 61 10-04-20
Chief Executive Officer 52 17-04-30
Director/Board Member 68 16-12-31
Director/Board Member 33 21-12-31
Director/Board Member 43 17-02-21
Director/Board Member 48 19-12-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 10 18,217,200 0 0 79.06 %
Stock B 1 254,152,373 215,331,788 ( 84.73 %) 0

Shareholders

NameEquities%Valuation
36,332,969 14.30 % 732 M kr
Fjärde AP-fonden
8.208 %
20,859,926 8.208 % 420 M kr
Swedbank Robur Fonder AB
6.994 %
17,775,201 6.994 % 358 M kr
AMF Fonder AB
5.336 %
13,561,142 5.336 % 273 M kr
The Vanguard Group, Inc.
3.200 %
8,131,955 3.200 % 164 M kr
Didner & Gerge Fonder AB
3.091 %
7,856,049 3.091 % 158 M kr
Incentive AS
2.889 %
7,342,623 2.889 % 148 M kr
Handelsbanken Fonder AB
2.564 %
6,516,317 2.564 % 131 M kr
Nordea Investment Management AB
2.227 %
5,661,123 2.227 % 114 M kr
Norges Bank Investment Management
2.172 %
5,519,548 2.172 % 111 M kr
NameEquities%Valuation
18,217,200 100.00 % 367 M kr
Arca Fondi SGR SpA
0.0685 %
12,486 0.0685 % 251 528 kr
NameEquities%Valuation
State Street Global Advisors Ltd. (Canada)
0.001430 %
3,634 0.001430 % 73 207 kr
GAMMA Investing LLC
0.000658 %
1,673 0.000658 % 33 703 kr
RhumbLine Advisers LP
0.000414 %
1,053 0.000414 % 21 213 kr

Company contact information

Getinge AB

Lindholmspiren 7A

417 56, Gothenburg

+46 1 03 35 00 00

http://www.getinge.com
address Getinge AB(GETI B)

Group companies

NameCategory and Sector
Medical Distributors
Getinge Treasury AB
Getinge Treasury Ireland DAC
Chemicals: Major Diversified
Getinge India Pvt Ltd.
Maquet GmbH (Germany)

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
10
Last Close Price
209.9 SEK
Average target price
225.5 SEK
Spread / Average Target
+7.43%
Consensus