Company Getinge AB

Equities

GETI B

SE0000202624

Medical Equipment, Supplies & Distribution

Market Closed - Nasdaq Stockholm 17:00:00 17/06/2024 BST 5-day change 1st Jan Change
178.4 SEK -2.38% Intraday chart for Getinge AB -2.62% -20.44%

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: 11,862

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

Members of the board

Members of the board TitleAgeSince
Director/Board Member 68 31/12/06
Director/Board Member 73 31/12/88
Chairman 63 31/12/96
Director/Board Member 56 19/03/14
Director/Board Member 61 20/04/10
Chief Executive Officer 52 30/04/17
Director/Board Member 68 31/12/16
Director/Board Member 43 21/02/17
Director/Board Member 39 31/12/21
Director/Board Member 48 31/12/19

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 10 18,217,200 0 0 79.05 %
Stock B 1 254,152,373 215,314,388 ( 84.72 %) 0

Shareholders

NameEquities%Valuation
36,332,969 14.30 % 646 M kr
Fjärde AP-fonden
7.953 %
20,213,022 7.953 % 359 M kr
Swedbank Robur Fonder AB
5.323 %
13,528,943 5.323 % 241 M kr
AMF Fonder AB
4.065 %
10,330,741 4.065 % 184 M kr
Didner & Gerge Fonder AB
3.091 %
7,856,049 3.091 % 140 M kr
Incentive AS
2.271 %
5,772,776 2.271 % 103 M kr
Carnegie Fonder AB
2.023 %
5,141,300 2.023 % 91 M kr
Folksam Ömsesidig Sakförsäkring AB
1.629 %
4,140,923 1.629 % 74 M kr
Marathon Asset Management Ltd.
1.205 %
3,062,308 1.205 % 54 M kr
Storebrand Asset Management AS
1.188 %
3,020,117 1.188 % 54 M kr
NameEquities%Valuation
18,217,200 100.00 % 324 M kr
NameEquities%Valuation
State Street Global Advisors Ltd. (Canada)
0.001430 %
3,634 0.001430 % 64 613 kr
GAMMA Investing LLC
0.000658 %
1,673 0.000658 % 29 746 kr
RhumbLine Advisers LP
0.000414 %
1,053 0.000414 % 18 722 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
178.4 SEK
Average target price
231.9 SEK
Spread / Average Target
+29.95%
Consensus
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