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Getinge

Earnings Release Apr 22, 2025

2917_10-q_2025-04-22_8d130bf5-6aa8-4515-80d3-fcc3b4b52156.pdf

Earnings Release

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Financial Report

Comments from Mattias Perjos, CEO

Strong sales and improved earnings-continued focus on customer value and profitability going forward

"We are entering 2025 with healthy organic sales growth and improved adjusted operating profit despite headwinds from currency effects. This performance was mainly driven by Acute Care There we as a leading supplier are working intensively to meet higher customer demand for ventilators and consumables in ECLS. The positive transfer in Life Science is continuing, while the Bio-Processing marketremains challenging. We are responding to this by expanding our sales channels in China and the US while streamlining our cost base. Infection Continuing to strengthen the business area Surgical Workflows, meanwhile sales of operating tables declined compared with last year's strong Q1.

Paragonix Technologies, Inc, which was acquired in the autumn, is continuing its impressive journey of growth. Kidney Vault™, which was recently launched, received positive feedback from users, and is expected to contribute further to sales. Five of the company's six products now have EU MDR regulatory approval, representing a milestone in the ongoing expansion outside the US. The long-awaited DPTE®FLEX Alpha-Port was launched in Life Science, which minimizes the risk of contamination of sensitive biopharmaceutical medicines.

The intention to phase out Surgical Perfusion is progressing according to plan. This will certainly impact the organic order intake and sales negatively, but is expected to make a positive contribution to the adjusted operating margin as early as this year, for example, by reallocating resources to more profitable areas such as ECLS and Transplant Care.

Unfortunately, hospitals and patients are the hardest hitin the recent escalation of trade barriers and geopolitical tension since tariffs distort competition and lead to higher costs. We are preparins and necessary actions. Here, price adjustments are one of many tools available to counteract the negative effects on our profitability. Based on global increasing care needs in the long term, and our leading position in key niches as well as a diverse supply chain, we are well happen next. This means that we maintain our positive outlook for 2025. I would like to thank all our customers and employees for their important efforts in continuing to create value for clinical staff and patients.

January – March 2025 in brief

  • · Net sales increased organically by 6.2% (0.0) and the order intake rose by 2.9% organically (2.5).
  • · Adjusted gross profit amounted to SEK 4,337 M (3,855) and the margin was 52.1% (51.3).
  • Adjusted EBITA amounted to SEK 1,003 M (842) and the margin was 12.1% (11.2).
  • · Adjusted earnings per share amounted to SEK 2.18 (1.92).
  • · Free cash flow amounted to SEK 160 M (944).

Outlook 2025: Net sales for 2025 are expected to increase by 2-5% organically. (unchanged)

Summary of financial performance1)

SEK M Jan-Mar
2025
Jan-Mar
2024
Jan-Dec
2024
Order intake 8,632 8,059 34,232
Organic change, % 2.9 2.5 6.3
Net sales 8,320 7,513 34,759
Organic change, % 6.2 0.0 4.9
Adjusted gross profit 4,337 3,855 17,409
Margin, % 52.1 51.3 50.1
Adjusted EBITDA 1,442 1,255 6,646
Margin, % 17.3 16.7 19.1
Adjusted EBITA 1,003 842 4,869
Margin, % 12.1 11.2 14.0
Adjusted EBIT 896 784 4,549
Margin, % 10.8 10.4 13.1
Operating profit (EBIT) 598 755 2,854
Margin, % 7.2 10.0 8.2
Profit before tax 428 638 2,282
Net profit for the period 304 464 1,654
Adjusted net profit for the period 597 528 3,211
Margin, % 7.2 7.0 9.2
Adjusted earnings per share, SEK 2.18 1.92 11.73
Earnings per share, SEK 1.10 1.69 6.01
Cash flow from operating activities 470 1,249 4,577
Free cash flow 160 944 3,284
1) See page 3 for calculations of adjusted performance measures.

Every care has been taken in the translation of the event of discrepancies, the Swedish original will supersede the English translation.

GETINGE *

  • The organic order intake for Acute Care Therapies increased strongly during the quarter, mainly for ventilators in Critical Care and consumables in ECLS.
  • Life Science's organic order intake fell following the decline in all product categories except for double-digit growth in Sterile Transfer.
  • · The organic order intake for Surgical Workflows rose slightly following solid growth in Infection Control.
  • Geographically, the trend in the organic order intake was positive in all regions except APAC, which can be attributed to macroeconomic uncertainty in the region and a strong quarter last year.
  • · Organic net sales for Acute Care Therapies reported double-digit growth in the quarter, mainly due to strong sales of ECLS consumables. Ventilators in Critical Care also contributed to growth.
  • Organic net sales for Life Science declined in the quarter. This was despite growth in all product categories except for Bio-Processing for which the market remains challenging.
  • Organic net sales for Surgical Workflows fell slightly after the decline in both Digital Health Solutions and Surgical Workplaces compared with the strong quarter last year. Growth in Infection Control largely offset this.
  • Geographically, sales rose organically in all regions, for example from a favorable performance in the US.
  • Recurring revenue increased, with the main contributions from sales of consumables in ECLS and Infection Control as well as service. Sales of capital goods also increased slightly in the quarter.
  • Net sales increased bySEK 807 M, corresponding to 10.7%.
  • · Net sales from acquisitions accounted for SEK 261 M or 3.5%.
  • Exchange rates had an impact of SEK +83 M on sales, corresponding to +1.1%.
  • Successful efforts with price adjustments and volumes contributed to sales increasing by SEK 463 M, corresponding to 6.2%.

Group performance

Order intake

Orderintake
business areas, SEK M
Acute Care Therapies
Life Science
Surgical Workflows
Total
Jan-Mar
2025
4,924
978
2,730
8,632
Jan-Mar
2024
4.243
1,113
2.702
8,059
Org A, %
8.6
-12.9
0.3
2.9
Jan-Dec
2024
17,719
4.601
11,912
34,232
Orderintake
regions, SEK M
Jan-Mar
2025
Jan-Mar
2024
Org Δ, % Jan-Dec
2024
Americas
APAC
4.085
1,531
3,537 6.4 15.188
7.031
EMEA 3.017 1.678
2.843
-9.6
5.8
12,013
Total 8.632 8.059 2.9 34,232

Net sales

Net sales Jan-Mar Jan-Mar Jan-Dec
business areas, SEK M 20225 2024 Org Δ, % 2024
Acute Care Therapies 4.775 3,969 12.4 17,948
Life Science 950 964 -2.3 4.552
Surgical Workflows 2,595 2,579 -0.2 12,258
Total 8,320 7,513 6.2 34,759
Net sales Jan-Mar Jan-Mar Jan-Dec
regions, SEK M 2025 2024 Org Δ, % 2024
Americas 4,047 3,465 7.5 15,516
APAC 1,642 1,486 9.8 7,061
EMEA 2,630 2,562 2.3 12,182
Total 8.320 7.513 6.2 34.759
Not color connoviod by
1 11 10 10 10 100 10 10 10 10 10 11 11 11 11 10 100 100 100 1
capital goods and
recurring
revenue, SEK M
Jan-Mar
2025
Jan-Mar
2024
Org Δ, % Jan-Dec
2024
Capital goods 2.481 2.415 2.1 12.421
Recurring revenue™ 5.839 5.098 8.1 22,338
Total 8.370 7.513 6.2 34,759

1) Consumables, service and spare parts

Net sales – bridge between Q1 2024 and Q1 2025

Earnings trend

  • Currency effects impacted adjusted gross profit by SEK +84 M and adjusted EBITA by SEK -83 M. • The gross margin increased as a result of increased sales, acquisitions with strong margin profile, price
  • adjustments, a positive mix and currency. Adjusted operating expenses declined organically by 1.0% thanks to productivity improvements and
  • increased inorganically by 11.4%. (Read more on page 4). Adjusted EBITA rose by SEK 161 M and the margin improved by 0.9
  • percentage points. Acquisition and restructuring costs were largely related to, and in line with, the previously communicated proposal to phase out the Surgical Perfusion product category.
  • Net financial items amounted to SEK -170 M, mainly as a result of higher net debt.
  • The tax rate at the end of the quarter was 29.0%.
Jan-Mar Jan-Mar Jan-Dec
SEK M 2025 20224 2024
Net sales 8,320 7,513 34,759
Adjusted gross profit 4,337 3,855 17,409
Margin, % 52.1 51.3 50.1
Adjusted operating expenses -2,895 -2,600 -10,764
Adjusted EBITDA 1,442 1,255 6,646
Margin, % 17.3 16.7 19.1
Depreciation, amortization and write-downs of
intangible assets and tangible assets1) -439 -413 -1,776
Adjusted EBITA 1,003 842 4,869
Margin, % 12.1 11.2 14.0
A Amortization and write-down of acquired
intangible assets1) -107 -58 -320
Adjusted EBIT :35 784 4,549
Margin, % 10.8 10.4 13.1
ન્ર Acquisition and restructuring costs -298 -29 -898
C Other items affecting comparability2) -797
Operating profit (EBIT) 598 755 2,854
Net financial items -170 -17 -571
Profit before tax 428 638 2,282
Adjusted profit before tax
(adjusted for A, B and C) 833 726 4,298
Margin, % 10.0 9.7 12.4
Taxes -124 -174 -628
D Tax on adjustment items2) -12 -24 -459
Adjusted net profit for the period 597 528 3,211
(adjusted for A, B, C and D)
Margin, % 7.2 7.0 9.2
Of which, attributable to Parent Company
shareholders 593 522 3,195
Average number of shares, thousands 272,370 272,370 272,370
Adjusted earnings per share, SEK
(adjusted for A, B, C and D) 2.18 1.92 11.73

GETINGE *

1) Excluding items affecting comparability, see Note 4 Depreciation, amortization and write-downs.

2) See Note 6 Adjustment items.

Adjusted EBITA per business area1)

SEK M Jan-Mar
2025
Jan-Mar
2024
Jan-Dec
2024
Acute Care Therapies 1,012 751 3,554
Margin, % 21.2 18.9 19.8
Life Science 53 93 608
Margin, % 5.5 9.7 13.4
Surgical Workflows 49 64 1,090
Margin, % 1.9 2.5 8.9
Group functions and other (incl. eliminations) -110 -66 -383
Total 1.003 842 4,869
Margin, % 12.1 11.2 14.0

1) See Note 4 Depreciation, amortization and write-downs and Note 6 Adjustment items.

Adjusted EBITA - bridge between Q1 2024 and Q1 2025

• Acute Care Therapies' adjusted EBITA increased by SEK 261 M, due to higher sales, price adjustments and mix effects.

  • Life Science's adjusted EBITA declined by SEK 40 M, attributable to lower sales, under-absorption and currency headwinds.
  • Adjusted EBITA for Surgical Workflows fell by SEK 15 M, mainly due to lower sales and currency.

(excluding depreciation, amortization and write-downs and other items affecting comparability)1)

Jan-Mar Jan-Mar Jan-Dec
SEK M 20725 2024 2024
Selling expenses -1.404 -1.338 -5,355
Administrative expenses -1,075 -998 -4,240
Research and development costs -301 -294 -1.332
Other operating income and expenses -115 30 164
Total -2,895 -2,600 -10,764
Jan-Mar
SEK M 2025
Net sales 83
Adjusted gross profit 84
Adjusted EBITDA -81
Adjusted EBITA -83
Adjusted EBIT -84
SEK M Jan-Mar
2025
Jan-Mar
2024
Jan-Dec
2024
Cash flow before changes in working
capital3) 1,132 1,025 5,036
Changes in working capital2) -662 224 -459
Net investments in non-current assets -310 -305 -1,294
Free cash flow 160 944 3,284
Net interest-bearing cash/debt 9,731 7,649 10,467
In relation to adjusted EBITDA1) R12M,
multiple 1.4 1.4 1.6
Net interest-bearing cash/debt excl.
provisions for pensions and similar
obligations 7,279 4,974 7,766
In relation to adjusted EBITDA1) R12M,
multiple 1.1 0.9 1.2
SEK M Jan-Mar
2025
Jan-Mar
2024
Jan-Dec
2024
Research and development costs -477 -455 -1,992
Amortization, depreciation and write-downs -17 -16 -99
Research and development costs, gross -494 -471 -2,091
In relation to net sales, % 5.9 6.3 6.0
Capitalized development costs 176 160 660
In relation to net sales, % 2.1 2.1 1.9
Research and development costs, net -318 -311 -1.431
Amortization and write-down of capitalized
development costs1)
-100 -92 -707

-

Sustainability developments

This interim report reflects Getinge's double materiality assessment and is based on the ESRS structure to present the company's impact, risks and opportunities from a social, environmental and governance perspective. The aim is to continuously work to minimize the negative impact on people and the environment and to generate sustainable value for customers, employees and other stakeholders.

R12 Mar R12 Mar Jan-Dec
Key areas 20251) 20241) A, %2) 2024 A, %3)
Environment, Climate & Energy
Scope 1 & 2 GHG emissions in production,
ton CO2equivalents 7
3,891 4,865 -20.0 4,163 -6.5
Total energy consumption in production,
MWh7
76,472 78,417 -2.5 77,117 -0.8
Percentage of renewable energy of total
energy, %7
72 66 6.0* 70 2.0*
Water consumption in sites located in water
scarce areas, m34)
102,894 85,699 20.1 97,710 5.3
Social
Own workforce
Employee engagement, %5) 71 71 0.0* 71 0.0*
Percentage of female employees, %6% 37.7 36.8 09* 37.7 0.0*
Percentage of female managers, %6) 34.3 34.1 0.2* 34.5 -0.2*
Work Related Accident Rate. WRAR 0.90 0.89 1.1 0.92 -2.2
Consumers and end-users
Regulatory compliance, audit findings per
audit for quality systems7
1.7 2.2 -20.3 25 -31.2
Product quality, field actions per SEK billion
in net revenue7)
1.3 1.7 -229 1.2 7.0
Online customer training7) 49,962 45,535 9.7 48,486 3.0
Governance
Business ethics
Percentage of employees who completed
training in business ethics
91 89 2.0* 90 1.0*

*) Change in percentage points

1) R12 = Rolling 12 months

2) Index R12 Mar 2025/R12 Mar 2024

3) Index R12 Mar 2025/Jan-Dec 2024

4) The production sites in scope for the target are those located in areas of high water stress defined as "high" and "extremely high" according to WRI Water Risk Atlas tool Acqueduct. Eight of the company's production sites are located in areas of high water stress.

5) Measured and updated every six months

6) Amount at end of period

7) During 2024, data was recalculated. See Getinge's Sustainability Report 2024 for more details

  • KPIs for Q1 2025 and beyond have been adjusted. Water consumption has been added. Sick leave has been replaced with work-related accidents in relation to working hours (Work Related Accident Rate, WRAR). The KPIs for workers and waste in the value chain are presented every year in the Sustainability Report.
  • CO2 and energy data for the companies Ultra Clean, Healthmark and Paragonix is not included in the ongoing quarterly reporting since these companies were acquired less than 24 months ago. Full-year figures for these companies, and for Quadralene, will be reported in the 2025 Sustainability Report.
  • The outcome for CO2 shows a downward trend, mainly due to a higher share of renewable electricity and gas.
  • Water consumption is mainly related to testing in production and therefore varies over time. The outcome for R12 March 2025 showed a rising trend due to higher production.
  • The employee engagement index was updated with the results of the employee survey in Q4 2024, with the same score.
  • WRAR (Work Related Accident Rate) improved in R12 March 2025 compared with the full-year 2024.
  • The regulatory compliance KPI improved compared with the fullyear 2024 where the first quarter of 2024 included a higher number of audit findings per audit.
  • · For product quality, the KPI is based on number of newfield actions. This KPI displayed a positive trend compared with the same period last year.
  • The trend for online customer training remains positive, largely thanks to a customer activity in October 2024-Getinge's Respiratory Care Week.
  • The percentage of employees who completed training in business ethics showed a positive trend over time.

Acute Care Therapies

Acute Care Therapies offers world-leading solutions for life support in acute health conditions. The offering includes solutions for cardiovascular procedures, efficient handling of organs for transplantation and a broad selection of products and therapies for intensive care.

Order intake and net sales

Order intake
regions, SEK M
Americas
Jan-Mar
2025
2.747
Jan-Mar
2024
2.093
Org Δ, %
17.7
Jan-Dec
2024
9.120
APAC 949 967 -2.7 3.897
EMEA 1,228 1,184 2.9 4.702
Total 4,924 4.243 8.6 17,719
Net sales
regions, SEK M
Jan-Mar
2025
Jan-Mar
2024
Org Δ, % Jan-Dec
2024
Americas 2650 7 034 15 7 973
NE 3d 65
regions, SEK M
Jall-Mar
2025
Jal Fividi
2024
Org Δ, % ATTUGG
2024
Americas 2.650 2.034 15.7 9,223
APAC 1,024 879 15.5 3,983
EMEA 1,101 1.055 3.4 4,742
Total 4,775 3,969 12.4 17,948

Net sales specified by

capital goods and
recurring
revenue, SEK M
Jan-Mar
20725
Jan-Mar
2024
Org Δ, % Jan-Dec
2024
Capital goods 1.037 889 15.5 4,318
Recurring revenue1) 3,737 3,080 11.5 13,631
Total 4,775 3,969 12.4 17,948

1) Consumables, service and spare parts

Earnings trend1)

SEK M Jan-Mar
20725
Jan-Mar
2024
Jan-Dec
2024
Net sales 4,775 3.969 17,948
Adjusted gross profit 2,894 2,389 10.417
Margin, % 60.6 60.2 58.0
Adjusted EBITDA 1,236 967 4,474
Margin, % 25.9 24.4 24.9
Depreciation, amortization and write-downs of
intangible assets and tangible assets
-274 -216 -920
Adjusted EBITA 1,012 751 3,554
Margin, % 21.2 18.9 19.8

1) See Note 4 Depreciation and write-downs and Note 6 Items affecting comparability for other items affecting comparability.

Events in the business area in the quarter

  • The first clinical uses and also the first commercial flights took place with Paragonix KidneyVault™ - a key milestone in kidney transplant preservation. KidneyVault™ is a portable renal perfusion system that received FDA clearance last quarter.
  • Further progress was made in meeting EU MDR requirements during the first quarter. Paragonix secured EU MDR approval in the Transplant Care product category for five organ preservation devices, and in cardiovascular surgery, Hemopro 2, which is part of the endoscopic vessel harvesting offering, received EU MDR approval.
  • CE market launch of Neural Pressure Support (NPS) for our Servo-u/n ventilators. NPS builds on NAVA and fills a gap between conventional and neurally controlled ventilation. It offers better support for patients with complex lung conductions, such as COPD or ARDS, while keeping the diaphragm active, which could allow for earlier and safer weaning and liberation of the patient.

• The organic order intake for Acute Care Therapies increased strongly during the quarter, mainly for ventilators in Critical Care and consumables in ECLS.

  • Geographically, the organic order intake increased substantially in Americas. APAC declined slightly following decline in China.
  • Organic net sales for Acute Care Therapies reported double-digit growth in the quarter, mainly due to strong sales of ECLS consumables. Ventilators in Critical Care also contributed to growth.
  • Both Americas and APAC reported a double-digit sales increase. Sales in EMEA were also positive.
  • Capital goods had a strong organic performance. This was also the case for recurring revenue that had a strong contribution from both service and consumables.
  • · The adjusted gross margin increased bv 0.4 percentage points. largelv attributable to volume, acquisitions, price adjustments, mix effects and currency.
  • Organically, adjusted operating expenses declined by 1.0%, mainly as a result of lower activity and productivity improvements. Adjusted operating expenses increased inorganically by 16.6% primarily related to acquisitions and currency effects.
  • · Adjusted EBITA rose by SEK 261 M, thanks to higher sales, price adjustments and mix effects. The margin increased by 2.3 percentage points.
  • Currency effects impacted sales by SEK +55 M, adjusted gross profit by SEK +58 M and adjusted EBITA by SEK -43 M.

GETINGE *

Life Science

• Life Science's organic order intake fell following a decline in all product categories except for double-digit growth in Sterile Transfer.

  • The weak trend continued in the product category Bio-Processing, with a particularly challenging situation in Americas.
  • The total organic order intake declined considerably in both Americas and APAC, while EMEA, the largest region for Life Science, increased.
  • Organic net sales for Life Science declined in the quarter. This was despite growth in all product categories except for Bio-Processing which continues to face a challenging market.
  • Sales rose in all regions, except for Americas where sales fell in Bio-Processing and steam sterilizers.
  • Capital goods declined during the quarter, and a larger share of sales is again expected in the second half of the year. However, recurring revenue increased mainly due to higher sales of consumables in Sterile Transfer.
  • The adjusted gross margin fell by 1.1 percentage points mainly due to lower sales and thus a decline in productivity.
  • · Adjusted operating expenses declined organically by 5.2%, primarily due to lower selling expenses. They increased inorganically by 7.8%, largely as a result of currency effects.
  • Adjusted EBITA fell by SEK 40 M and the margin declined by 4.2 percentage points, mainly due to lower gross profit and currency effects.
  • Currency effects impacted sales by SEK +8 M, adjusted gross profit by SEK +8 M and adjusted EBITA by SEK -18 M.

Life Science offers a comprehensive range of equipment, technical expertise and consultation to prevent contamination in pharmaceutical and medical device production and with the aim to strengthen integrity of results in biomedical research.

Order intake and net sales

Order intake
regions, SEK M
Jan-Mar
2025
Jan-Mar
2024
Org Δ, % Jan-Dec
2024
Americas 336 436 -24.7 1,862
APAC 108 162 -34.0 573
EMEA 534 515 3.8 2,166
Total 978 1,113 -12.9 4,601
Net sales Jan-Mar Jan-Mar Jan-Dec
regions, SEK M 2025 2024 Org Δ, % 2024
Americas 369 441 -18.2 1,937
APAC 108 94 14.6 559
EMEA 473 479 10.3 2,057

Net sales specified by

1166 OMING ONGAIIIVA NY
capital goods and
recurring
revenue, SEK M
Jan-Mar
2025
Jan-Mar
2024
Org Δ, % Jan-Dec
2024
Capital goods 312 343 -9.7 1,970
Recurring revenue1) 638 621 1.8 2,582
Total 950 964 -2.3 4,552

1) Consumables, service and spare parts

Earnings trend1)

SEK M Jan-Mar
2025
Jan-Mar
2024
Jan-Dec
2024
Net sales 950 964 4,552
Adjusted gross profit 374 391 1,808
Margin, % 39.4 40.5 39.7
Adjusted EBITDA 108 144 818
Margin, % 11.4 14.9 18.0
Depreciation, amortization and write-downs of
intangible assets and tangible assets -56 -50 -211
Adjusted EBITA 53 93 608
Margin, % 5.5 9.7 13.4

1) See Note 4 Depreciation, amortization and Note 6 Items affecting comparability for other items affecting comparability.

Events in the business area in the quarter

  • Launch of the new DPTE®FLEX Alpha-Port, which minimizes the risk of contamination of sensitive biopharmaceutical medicines by simplifying component transfer without human intervention.
  • · Increased dynamics in the market, which presents both opportunities and challenges. In the US, we can see that universities and research laboratories are more cautious due to the uncertainty regarding financial subsidies, while the larger biopharmaceutical companies are planning to expand and invest.

Surgical Workflows

Surgical Workflows offers products and solutions to serve as an end-to-end partner for optimizing the quality, safety and capacity usage of the sterile supply departments and operating rooms.

Order intake and net sales

Order intake Jan-Mar Jan-Mar Jan-Dec regions, SEK M 2025 2024 Org Δ, % 2024 1.001 Americas 1,008 -2.5 4.206 APAC 473 550 -14.5 2,561 FMFA 1.255 1.145 98 5.145 Total 0.3 2,730 2,702 11,912 Net sales Jan-Mar Jan-Mar Jan-Dec

regions, SEK M 2025 2024 Org Δ, % 2024
Americas 1.028 989 2.1 4.356
APAC 510 513 -0.9 2,519
EMEA 1.056 1.077 -2.0 5,383
Total 2,595 2,579 -0.2 ' 12,258

Net sales specified by

capital goods and
recurring
revenue, SEK M
Jan-Mar
2025
Jan-Mar
2024
Org Δ, % Jan-Dec
2024
Capital goods 1.132 1,183 -4.7 6,133
Recurring revenue1) 1.463 1,396 3.6 6,125
Total 2,595 2,579 -0.2 12,258

1) Consumables, service and spare parts

Earnings trend1)

Jan-Mar Jan-Mar Jan-Dec
SEK M 20725 2024 2024
Net sales 2,595 2.579 12,258
Adjusted gross profit 1,068 1.076 5,185
Margin, % 41.2 41.7 42.3
Adjusted EBITDA 205 209 1,728
Margin, % 7.9 8.1 14.1
Depreciation, amortization and write-downs of
intangible assets and tangible assets -157 -144 -638
Adjusted EBITA 49 64 1,090
Margin, % 1.9 2.5 8.9

1) See Note 4 Depreciation, amortization and Note 6 Items affecting comparability for other items affecting comparability.

Events in the business area in the quarter

  • • New carbon fiber tabletop for the operating table system Otesus was launched, optimized specifically for pelvic, cardiovascular, orthopedic and traumatology procedures.
  • · Infection Control consumables and accessories in the US grew by almost 10 % in the quarter, from the acceleration of synergies between Healthmark and legacy consumables of Getinge.
  • In recent years, the business area drove extensive efforts to improve supply chain productivity, from footprint simplification, purchasing activities and digitalization. During the quarter, a new Warehouse management software was introduced at our US operations, as well as a digital order cockpit enabling global tracking of customer orders, both improving the agility of our supply chain.
  • Order intake for Surgical Workflows rose slightly following solid growth in Infection Control.
  • · The performance in EMEA was positive. APAC and Americas declined, mainly due to a lower order intake in operating tables compared with the strong start to last year.
  • Organic net sales for Surgical Workflows fell slightly after the decline in both Digital Health Solutions and Surgical Workplaces compared with the strong quarter last year. Growth in Infection Control largely offset this.
  • Americas reported a positive performance, while sales in EMEA and APAC declined.
  • Growth in service and consumables in the quarter, while sales of capital goods fell.
  • The adjusted gross margin fell by 0.5 percentage points mainly as a result of inflation and lower sales.
  • Adjusted operating expenses declined organically by 3.6%, mostly due to lower selling expenses. Adjusted operating expenses declined inorganically by 0.5%.
  • Adjusted EBITA fell by SEK 15 M and the margin declined by 0.6 percentage points, mainly due to lower gross profit and currency effects.
  • Currency effects impacted sales by SEK +20 M, adjusted gross profit by SEK +18 M and adjusted EBITA by SEK-10 M.

Other information

Events after the end of the reporting period

On April 2, US President Donald Trump announced a comprehensive global tariff program. Getinge is actively monitoring and adapting its operations in response to ongoing developments. The Group has a good overview of its supply chain and thus also the impact of tariffs and other trade barriers. Getinge has a geographically diversified procurement and manufacturing strategy, which can partly mitigate potential negative consequences.

Seasonal variations

Getinge's sales and earnings are affected by seasonal variations. The highest net sales are usually generated in the fourth quarter, followed by the second, third and first quarters. The shares of sales derived from capital goods and recurring revenue also normally changes during the year, with a higher share of sales of capital goods toward the end of the year.

Transactions with related parties

Getinge carried out normal commercial transactions with companies in the Carl Bennet AB sphere, which comprised the sale and purchase of goods and services. In addition, no other significant transactions with related parties occurred during the period other than transactions with subsidiaries.

Forward-looking information

This report contains forward-looking information based on the current expectations of company management. Although management deems that the expectations presented by such forwardlooking information are reasonable, no guarantee can be given that these expectations will prove correct. Accordingly, the actual future outcome could vary considerably compared with what is stated in the forward-looking information, due to such factors as changed conditions regarding finances, market and competition, changes in legal and regulatory requirements and other political measures, and fluctuations in exchange rates.

Getinge's financial targets 2024–2028 and dividend policy

  • Average adjusted earnings per share growth: >12%
  • Getinge's dividend policy is to pay dividends of 30-50% of net profit to shareholders.

Getinge's sustainability targets

Environment

  • · Reduce Scope 1 and 2 emissions by 90% by 2030*
  • · Reduce Scope 3 emissions by 25% by 2030, and by 90% by 2050*
  • · Reduce energy consumption in production by 20% by 2030*
  • Reduce water consumption in sites located in water scarce areas by 20% by 2030*
  • No waste to landfill by 2030, excluding material required by local regulations to be landfilled.

Social

  • Employee engagement: >70%
  • Reduce work-related accidents in relation to working hours (Work Related Accident Rate, WRAR) to less than 1 by 2025.
  • · Ensure equal employment opportunity and non-discrimination across all levels of the organization. Follow-up % female vs male managers and employees.
  • · Quality regulatory compliance, audit findings per audit for quality systems: < 1.5 deviation

Governance

· All employees are properly trained in Business ethics *Base year 2021

Risk management

External risks

Description Potential consequences Management
External shocks,
such as geopolitical
risks, natural
disasters, terrorism,
pandemics, etc.
Rapidly emerging situations, which
could affect large geographical areas,
a single country, a region or a specific addition, operations can be
facility.
The primary risk of such events is
that employees could be injured. In
disrupted, which could have a
negative impact on sales and
earnings. Price increases for
customers is another scenario.
Active business intelligence can identify some of these risks at anearly stage, which
enables the Group to adapt to the changed circumstances. The Group is working
actively on continuity risks. This also includes scenarios based on external shocks
as part of Getinge's proactive risk management.
Getinge conducts operations in Russia in accordance with international sanctions
and regulations via a small sales company. The activities in the country are
currently limited to fulfilling existing customer commitments. However, the
circumstances for conducting operations in the country have gradually
deteriorated. Getinge does not conduct any manufacturing operations in either
Russia or Ukraine and has no major suppliers in these countries. When Russia
invaded Ukraine in 2022, the Group's sales in Russia and Ukraine represented less
than 1% of the Group's total net sales and equity. Despite the limited direct impact
that the invasion has had on Getinge's operations in Russia and Ukraine, the
Russian invasion of Ukraine may nevertheless have a negative impact on the
development of the Group's earnings and position. However, it is difficult at the
current time to assess the future consequences of the conflict and its impact on
the Group.
Getinge is monitoring and actively adapting its operations based on current
developments regarding higher trade barriers, such as tariffs. The Group has a
good overview of its flow of goods and thus also the impact of tarifts and other
trade barriers. Getinge has a geographically diversified purchasing and production
strategy which partly can help to mitigate any negative consequences.
Interruptions in
supply chains /
dependence on
external suppliers
Critical components manufactured
by external suppliers are a vital part
of Getinge's production chain.
Serious production disruptions may
arise if these components are not
supplied on schedule.
not be delivered to customers, which
may make it difficult or impossible to
provide necessary healthcare.
As a consequence, vital equipment may Getinge can state that there is a risk of temporary business interruptions, for
example, due to supply constraints for key components such as semiconductors,
as a result of the uncertain global security situation.
Getinge actively monitors critical suppliers, starting as early as when the
partnership is established and continuing with routine evaluations. The
Purchasing organization has tools for assessing risk and receives regular training
in this area. The Group also works on ensuring that it has adequate levels of
critical components in stock, in its own operations or with the relevant supplier.
Interruptions of critical deliveries are managed as an important part of activities
related to business continuity risks. See "Business interruptions."
Risks related to
healthcare
reimbursement
systems
Political decisions can change the
conditions for healthcare through
changed reimbursement models for
healthcare providers.
Changes to reimbursement systems
could have significant effects on
specific markets, with budget cuts or
deferred funding potentially impacting
the operations.
Although it is difficult to influence this risk directly, since decisions are outside the
Group's control, it is mitigated by the presence in a large number of markets,
which reduces the overall impact of individual changes.
New competitors
and new
technologies
Certain markets and product
segments have niche players who
offer solutions outside customary
market behavior.
These competitors could capture
market shares from established
companies, including Getinge, which
could result in lower sales and
earnings.
Through continuous innovative development and market analysis, Getinge strives
to be at the forefront, identify potential competitors and adapt to technological
changes. The industry is also considered to have high barriers to entry since
medical devices are subject to extensive regulatory requirements.
Increased
expectations and
new laws and
regulations
related to
sustainability
The sustainability requirements and
expectations placed on Getinge as a
is increasing rapidly.
Getinge's failure to meet the ever-more
stringent environmental, social and
company are changing, and the scope governance requirements could have
negative consequences on the
company's reputation, operations and
financial earnings. It may also impact
the company's ability to recruit and
retain competent staff, and risk
disqualifying the company from
participating in tenders with specific
requirements.
By engaging with stakeholders and improving its materiality assessment and ERM
process, Getinge increases its understanding of the expectations placed on the
company. It is also beneficial that the company has adopted the focus areas that
are to be prioritized moving forward. In addition, the company has developed its
sustainability framework, tocusing on the products and solutions placed on the
market to ensure quality and corporate responsibility. This also leads to employee
engagement. The company reports annually on its performance in sustainability in
a transparent manner and is making preparations ahead of the forthcoming CSRD.
Increasing
competition for
public funds
Reduced public budgets for investing
in medical devices impacts the total
market potential.
Increased competition for limited
public funds may lead to reduced
funding for medical device investments, constrained.
which in turn negatively impacts
Getinge's sales figures.
Getinge works actively to offer solutions that improve the efficiency of healthcare,
which is believed to generate healthy demand even where budgets are

Operational risks

Description Potential consequences Management
Quality risks from a
regulatory
perspective
A large part of Getinge's product range is It cannot be ruled out that Getinge's
subject to strict legislation requiring
extensive assessments, quality controls
and detailed documentation.
operations, financial position and
earnings may be negatively impacted
in the future if the company is unable
to comply with regulatory
requirements or if these
requirements change.
To limit these risks, Getinge conducts extensive quality and regulatory activities.
The Quality Compliance, Regulatory & Medical Affairs function has a
representative in the Getinge Executive Team and also on the management teams
of each business area, and in all R&D and production units. In addition, Getinge's
sales force and service technicians receive quality and regulatory training every
other year, and then have their certification renewed, which is a requirement for
representing the company.
Getinge conducts extensive research and development to ensure that the product
portfolio meets all existing and future quality and regulatory requirements.
The majority of the production facilities have ISO 13485 and/or ISO 9001
certification. In summary,
Getinge invests significant resources in quality and regulatory matters, which is a
top priority of the Group's strategy.
As previously reported in the first quarter of 2023, the notifying body TUV SUD
decided to temporarily suspend the CE certificate for Getinge's HLS and PLS sets
for ECLS therapy and for Getinge's intra-aortic balloon pumps. As a result, the
company initiated corrective actions to regain CE certification for these products.
At the end of September 2024, TUV SUD reinstated Getinge's CE certificate for HLS
and PLS sets, with certain conditions. The temporary suspension of Getinge's
Cardiosave Intra-Aortic Balloon Pump, effective from March 2024, was extended
until July 1, 2025. On May 8, 2024, the FDA sent a letter to healthcare providers in
the US. The letter does not refer to any new field actions, but healthcare providers
are encouraged to move from using Getinge's Cardiosave, Cardiohelp and HLS sets
to alternative products and to continue to use Getinge's products only if no other
options are available. As a result of the FDA's letter, Getinge has decided to
suspend marketing activities for the relevant products in the US until outstanding
actions related to quality improvements have been taken and approved. Sales of
these products are restricted to customers who do not have any other alternatives.
On November 15, 2024, the FDA published a Letter to Health Care Providers on its
website, reminding them of the voluntary medical device removal and supply
concerns related to all of Getinge's VasoView Hemopro Endoscopic Vessel
Harvesting (EVH) Systems. Actions are being taken as agreed with the FDA.
a customer
perspective
Product quality from In certain cases, Getinge's products do
not meet customer expectations.
Product quality shortcomings could
lead to customer seeking out
alternative suppliers, which in turn
could negatively impact sales and
profitability over time.
Getinge applies a far-reaching quality process to ensure a high and even level of
quality, which is an ongoing process that results in continuous improvements.
When quality fails, it is important to rapidly rectify the fault during the first service
visit. Getinge closely monitors the "first-time fix" factor of its services operations
and works actively to make improvements.
Product liability risks Healthcare suppliers run a risk, like other Such claims can involve large
players in the healthcare industry, of
being subject to product liability and
other legal claims.
amounts and significant legal
expenses. Getinge carries the
customary indemnity and product
liability insurances, but there is a risk
that this insurance coverage may not
tully cover product liability and other
claims.
The most important way of managing these risks is the extensive quality-related
and regulatory activities performed by the Group. Sources of potential future
claims for damages are monitored through active incident reporting. Corrective
and protective action (CAPA) is initiated when necessary to investigate the
underlying cause, after which the product design may be corrected to remedy the
tault.
The settlement process regarding the Multidistrict Litigation (MDL) for surgical
mesh implants, which Getinge announced previously, has been completed and
payment of the majority of the settlement amount was made in the first quarter of
2023. The settlement is not an admission of liability or wrongdoing by the company.
Getinge will continue to defend against any litigation that cannot be resolved
under the final agreement. Costs for such processes are not expected to be
material.
security Information and data Leaks of confidential information or
hacking into the Group's IT system
resulting in restricted availability or
interruptions of business-critical
systems. In this context, extortion or
sabotage cannot be excluded either.
business interruptions. A loss of
sensitive information may adversely
affect confidence in the company.
Leaks of personal data could lead to
high fines.
Hacking into IT systems could lead to Getinge has global IT services that ensure efficiency, coordination and security.
Getinge's IT structure in production is largely decentralized, which reduces the
consequences of certain cyber risks by spreading the risks across different
systems. Getingehas centralized identity management and conducts extensive
surveillance and monitoring of the central infrastructure to quickly detect and
counteract security threats via its security operations center (SOC). Getinge
regularly trains all employees to reduce cyber risks based on human factors.
Deficiencies in
cybersecurity
Security deficiencies in the Group's
digital offering, such as connected
machines at customer sites and stricter
legal requirements for processing
personal data. In this context, extortion
or sabotage cannot be excluded either.
Restricted availability of equipment
delivered by Getinge to its
customers,
which could result in interruptions to
the hospital operations and it not
being possible to offer patients
sufficient care in critical situations.
Getinge works diligently and systematically, following a risk-based approach, to
ensure the integrity of its connected equipment. By continuously evaluating and
prioritizing security risks, we can effectively protect both our systems and our
customers' data. Comprehensive access testing is carried out before these
solutions are offered to the Group's customers so as to identify and rectify
potential vulnerabilities.
Business
interruptions
Unforeseen events, such as natural
disasters or fires, etc. can cause
disruptions to production or the supply
chain.
Such events may result in costly or
delayed deliveries or non-delivery of
products to Getinge's customers,
which may adversely affect the
Group's earnings.
Getinge takes continuous preventive action to ensure a high level of availability
and delivery reliability, including regular inspections of the production facilities
with the help of external expertise.
mainly on business
ethics
Non-compliance with Breaches of laws and regulations related Breaches of these regulations could
laws and regulations to, for example, competition, anti-
corruption, Al, cyber security, data
protection or trade restrictions.
lead to fines, sanctions and have a Getinge has previously provided information about ongoing investigations and
agreements with the authorities regarding anti-competitive procedures in the sale
negative impact on the Getinge brand. of medical devices in Brazil. The Brazilian federal authority,
Comptroller General of the Union (CGU), is still ongoing. During the third quarter of
2024, Getinge made, in line with applicable accounting standards, a provision of
SEK 482 M related to anticipated costs related to this process. The provision is the
result of an ongoing constructive dialogue to reach a conclusion in the
negotiations with the CGU. The final and definitive costs will be determined once
the negotiations have been concluded, and such an amount could be lower or
higher than the provision that has now been made. No information emerged in the
first quarter of 2025 that would cause a change in the provision.

In addition to the investigations with CGU, Getinge has previously communicated that settlement agreements have been reached with the Brazilian Federal Prosecutor's Office (Ministério Público Federal) in 2018 and the competition authority, Administrative Council for Economic Defense (CADE) in 2019, both related to anti-competitive practices relating to the sale of medical devices. It cannot be ruled out that any further agreements with authorities may have a material impact on the company's financial earnings and position, but cannot currently be estimated neither in terms of amount nor timing. Getinge has a zero tolerance policy when it comes to contraventions of these regulations. The Group's Code of Conduct is very clear in this respect.

The EVP Sustainability, Legal & Compliance represents the Ethics & Compliance function on the Getinge Executive Team, which highlights the high priority of these issues. A training program in business ethics is provided on an ongoing basis and
the aim is for all employees to undergo such training at least once a year. The regulations also apply to external distributors who sell Getinge products.

Getinge is dependent on meeting the climate targets set to reach net zero emissions by 2050 that were approved by the SBTi. Getinge's analysis shows that the majority of emissions come from the purchases of goods, logistics and the use of sold products. As a result, the company does not have full control over its emissions and cannot therefore directly control their reduction.

Dependence on meeting climate targets

Getinge is dependent on meeting the If Getinge does not meet its climate climate targets set to reach net zero targets, it could have a significant emissions by 2050 that were approved by negative impact on the company's the SBTi. Getinge's analysis shows that reputation and operations, in
the majority of emissions come from the addition to negative climate impacts. purchases of goods, logistics and the use of sold products. As a result, the company does not have full control over its emissions and cannot therefore directly control their reduction.

Strategic risks

Description Potential consequences Management
Lack of future skills Risk of dependency on key people
including lack of succession
planning and ineffective processes
to identify and spread critical
know-how within the organization.
Also the risk of being unable to
attract and retain the right talent
and skills.
A lack of future skills could lead to
higher staff turnover, operational
disruptions and damage the Getinge
brand. In the future, it may have a
negative impact on Getinge's long-term
sustainability and growth, and
ultimately affect Getinge's ability to
attract and retain talent.
Getinge is continuously improving the succession planning process to ensure the
global development of talent. Getinge is focusing on talent mobility and
knowledge sharing and strives to create a culture and leadership that attracts
both new and existing talent. Getinge's aim is to be a company where everyone
can thrive and grow.
Digitization and
innovation
Getinge's future growth depends
on successful product
development, particularly in
digitalization. Innovation is crucial
for maintaining and strengthening
the company's leading position.
Innovation efforts are costly and it is
not possible to guarantee that
developed products will be
commercially successful, which
could result in impairment. In the
long term, the Group's market
position could be negatively
affected it Getinge is unsuccessful in
this area.
As a means of maximizing the return on investments in research and development,
the Group applies a structured selection and planning process that includes
careful analyses of the market, technological progress, choice of production
method and selection of subcontractors. The actual development work is also
conducted in a structured manner and each project undergoes a number of fixed
controls. Getinge
is particularly concerned with ensuring access to the right skills, retaining key
individuals, being an attractive employer to recruit talent externally, and
identifying and developing talent within the organization.
Fragmented product
portfolio
Getinge's product portfolio
consists, to a certain extent, of a
large number of acquisitions that
were made throughout the years
within a variety of product
categories.
An offering to our customers that, in
certain parts, is too diverse could lead
to Getinge lacking the critical mass
needed to conduct fully efficient
operations in all product categories.
Efforts are being made to enhance the efficiency of the customer offering under
the framework of the ongoing strategic activities in each business area. The
introduction of the new EU Medical Device Regulation means priorities need to be
made regarding the certification of products under the new regulatory framework.
Products have been selected that, over the long term, will be a part of the
customer offering, which will lead to increased concentration as well as
streamlining.
Risks related to
intellectual property
rights
Getinge's leading positions in
many product segments are based
on patent and trademark rights,
which could lead to disputes with
competitors.
Costly disputes over intellectual
property rights could reduce the return
on investment in research and
development. It cannot be ruled out
that the costs that could arise
associated with this could be material.
Getinge closely monitors the activities of its competitors and actively defends its
intellectual property rights through legal processes if necessary.
Financial risks Getinge is exposed to a number
offinancial risks in its
operations. Financial risks
principally pertain to currency
risks, interest-rate risks, and
credit and counterparty risks.
Fluctuations in exchange rates and
interest rates and changes in
counterparties' credit profiles could
adversely affect the Group's income
statement and balance sheet.
Risk management is regulated by the tinance policy adopted by the Board and a
Treasury directive decided by the Getinge Executive Team based on the finance
policy. The ultimate responsibility for managing the Group's financial risks and
developing methods and principles of financial risk management lies with the
Getinge Executive Team and the treasury function. For more detailed information
concerning these risks, refer to Note 18 of the Annual Report.
Profitability dependent
on certain products
and markets
Some products and markets
contribute more to overall
profitability.
It sales volumes in these markets
were to decrease, it could have a
negative impact on the Group's
profitability.
Getinge works actively to monitor profitability per product and market in order to
ensure profitability over time. To reduce the sensitivity of profitability, the Group
actively works on ensuring that it has the right cost level in relation to the current
price levels in the market. Getinge also works actively to establish itself in new
markets.
Transferring the
product portfolio
Long lead times in research and
development due to
comprehensive regulations and
long validation processes are
hampering rapid development to
more sustainable product and
packaging solutions. The medical
device market
is strictly regulated, partly to
ensure patient safety, which can
affect how quickly Getinge's
products can become sustainable.
If it is not possible to transfer Getinge's
product and packaging solutions to
more sustainable solutions quickly
enough, there is a risk that Getinge's
reputation and competitiveness could
decline.
Getinge will always prioritize patient safety and follow applicable regulations.
Without impacting our fundamental approach, the company has expanded the
implementation of eco-design principles into its development process and has
begun to carry out life cycle assessments of its product and packaging solutions
to ensure that advances can be made when the opportunity arises.

Assurance

The Board of Directors and CEO assure that the interim report provides a true and fair review of the Parent Company and the Group's operations, position and earnings and describes the material risks and uncertainties faced by the Parent Company and the Group.

Gothenburg, April 22, 2025

Johan Malmquist Chairman, AGM-elected Board member

Carl Bennet Vice Chairman, AGM-elected Board member

Cecilia Daun Wennborg AGM-elected Board member

Dan Frohm AGM-elected Board member

Kristian Samuelsson AGM-elected Board member

Fredrik Brattborn Board member Representative of the Swedish Metalworkers' Union

Malin Persson

AGM-elected Board member

This interim report is unaudited.

Åke Larsson Board member Representative of the Swedish Association of Graduate Engineers

Johan Bygge AGM-elected Board member

Mattias Perjos President & CEO, AGM-elected Board member

GETINGE *

Consolidated financial statements

Consolidated income statement

Jan-Mar Jan-Mar Jan-Dec
SEK M Note 2025 2024 2024
Net sales 2,3 8,320 7,513 34,759
Cost of goods sold -4,225 -3,880 -18,606
Gross profit 2, 3, 4 4,095 3,632 16,153
Selling expenses -1,586 -1,468 -5,979
Administrative expenses -1,180 -1,099 -4,654
Research and development costs -318 -311 -1,431
Acquisition costs -2 0 -50
Restructuring costs -296 -29 -848
Other operating income and expenses -115 30 -336
Operating profit (EBIT) 3, 4 598 755 2,854
Net financial items 3 -170 -17 -571
Profit after financial items 3 428 638 2,282
Taxes -124 -174 -628
Net profit for the period 304 464 1,654
Attributable to:
Parent Company shareholders 300 459 1,638
Non-controlling interests 4 5 16
Net profit for the period 304 464 1,654
Earnings per share, SEK1) 1.10 1.69 6.01
Weighted average number of shares for calculation of
earnings per share (000s)
272,370 272,370 272,370

1) Before and after dilution

Consolidated statement of comprehensive income

SEK M Jan-Mar
2025
Jan-Mar
2024
Jan-Dec
2024
Net profit for the period 304 464 1,654
Other comprehensive income
Items that cannot be restated in profit for the period
Actuarial gains/losses pertaining to defined-benefit pension plans 102 67 31
Tax attributable to items that cannot be restated in profit -29 -15 -3
Items that can later be restated in profit for the period
Translation differences -2,430 1,447 2,063
Hedging of net investments -518 305 393
Cash flow hedges 2 -4 12
Tax attributable to items that can be restated in profit 106 -62 -83
Other comprehensive income for the period, net after tax -2,766 1,739 2,412
Total comprehensive income for the period -2,462 2,203 4,066
Comprehensive income attributable to:
Parent Company shareholders -2,452 2,191 4,038
Non-controlling interests -10 12 28
Total comprehensive income for the period -2,462 2,203 4,066

Consolidated balance sheet

SEK M Note ાયતઘરો આવેલા ગુજરાત રાજ્યના ભારત ગુજરાત ગામના લોકોનો મુખ્ય વ્યવસાય ખેતી, ખેતમજૂરી તેમ જ પશુપાલન છે. આ ગામના લોકોનો મુખ્ય વ્યવસાય ખેતી, ખેતમજૂ
2025
પરા બાજરી, રાજ્યના મધ્યમાં આવેલા ગુજરાત રાજ્યના ગુજરાત રાજ્યના ગુજરાત રાજ્યના ગુજરાત રાજ્યના ગુજરાત રાજ્યના ગુજરાત રાજ્યના ગુજરાત રાજ્યના ગુજરાત રાજ્યના ગુજરાત
2024
December 51
2024
Assets
Intangible assets 35,991 32,301 39,242
Tangible assets 3,598 3,876 3,902
Right-of-use assets 1,590 1,780 1,795
Financial assets 49 66 47
Deferred tax assets 878 949 770
Inventories 6,650 7,123 6,590
Accounts receivable 5,265 4,879 6,348
Other current receivables 2,046 1,987 2,263
Cash and cash equivalents 7 4,203 3,358 2,961
Total assets 60,270 56,320 63,918
Equity and liabilities
Equity 30,748 32,603 33,210
Provisions for pensions and similar obligations, interest-bearing 7 2,452 2,675 2,700
Lease liabilities 7 1,595 1,776 1,800
Other interest-bearing liabilities 7 9,887 6,555 8,927
Deferred tax liabilities 1,998 1,765 2,172
Other provisions, long-term 420 501 615
Other non-interest-bearing liabilities, long-term 1,501 193 1,892
Other provisions, current 1,939 1,149 1,714
Accounts payable 2,221 2,376 2,398
Other non-interest-bearing liabilities, current 7,509 6,725 8,488
Total equity and liabilities 60,270 56,320 63,918

Changes in equity for the Group

Other
capital
Retained Non-
controlling
Tota
SEK M Share capital provided Reserves earnings Total interests equity
Opening balance at January 1, 2024 136 6,789 3,380 19,861 30,166 237 30,403
Total comprehensive income for the period 2,372 1,665 4,038 28 4,066
Dividend -1,198 -1,198 -29 -1,228
Transactions with non-
controlling interests -31 -31
Closing balance at December 31, 2024 136 6,789 5,752 20,328 33,005 205 33,210
Opening balance at January 1, 2025 136 6,789 5,752 20,328 33,005 205 33,210
Total comprehensive income for the period -2,825 373 -2,452 -10 -2,462
Closing balance at March 31, 2025 136 6,789 2,927 20,701 30,553 195 30,748

1) Reserves pertain to cash flow hedges, hedges of net investments and translation differences.

GETINGE *

Consolidated cash flow statement

SEK M
Note
2024
20725
Operating activities
Operating profit (EBIT)
598
755
2024
2,854
Add-back of depreciation, amortization and write-downs
4
566
471
2,421
Other non-cash items2)
3
11
808
Add-back of restructuring costs1)
276
29
523
Paid restructuring costs
-27
-105
-288
Financial items3)
-118
-17
-542
Taxes paid
-95
-89
-742
Cash flow before changes in working capital
1,025
1,132
5,036
Changes in working capital
Inventories
-684
-360
46
Operating receivables
766
900
-712
Operating liabilities3)
-744
-316
208
Cash flow from operating activities
470
1,249
4,577
Investing activities
9
Acquisition of operations
-3
-3,256
-91
Investments in intangible assets and tangible assets
-313
-308
-1,309
Divestment of non-current assets
3
4
15
Cash flow from investing activities
-4,549
-401
-308
Financing activities
Change in interest-bearing liabilities
1,266
-174
2,207
Depreciation of lease liabilities
-129
-119
-506
Change in long-term receivables
-2
-1
31
Dividend paid -1,227
Cash flow from financing activities
-296
1,136
504
Cash flow for the period
1,205
645
532
Cash and cash equivalents at the beginning of the period
2,961
2,728
2,728
Translation differences
37
-16
Cash and cash equivalents at the end of the neriod
4 203
3 358
-299
7 961

1) Excluding writed ons on nor-curent assets.
2) The provision for Cardiosave had an impact of SEK 297 M and negotiations with CGU in Brazil had an impact of SEK 482 M in 2

Note 1 Accounting policies

The Group's interim report has been prepared in accordance with IAS 34 Interim Financial Reporting and the Swedish Ant For the Parent Company, the report has been prepared in accordance with the Swedish Act and RFR 2. The accounting policies adopted are consistent with those applied for the 2024 Annual Report and should be read in conjunction with that Annual Report.

For practical reasons, the figures in this internet been rounded off, which is why notes and tables may not total correct amounts. Unless otherwise specified, all figures pertain to SEK M and figures in parentheses pertain to the interim report provides alternative performance measures for monitoring the Group's operations.

Note 2 Net sales per revenue classification

Net sales, SEK M Jan-Mar
2025
Jan-Mar
2024
Jan-Dec
2024
Capital goods 2,481 2,415 12,421
Recurring revenue
Product sales 4,150 3,577 15,588
Service assignments incl. spare parts 1,689 1,521 6,750
Total recurring revenue 5,839 5,098 22,338
Total 8,320 7,513 34,759
Jan-Mar Jan-Mar Jan-Dec
Net sales, SEK M 20725 2024 2024
Revenue recognized at a point in time 7,394 6,678 30,791
Revenue recognized over time
Service 761 660 3,025
Profit recognition in ongoing projects 117 132 676
Other revenue recognized over time 48 43 267
Total revenue recognized over time 9725 835 3,968
Total 8,320 7,513 34,759

Note 3 Segment overview

Net sales, SEK M Jan-Mar
20725
Jan-Mar
2024
Jan-Dec
2024
Acute Care Therapies 4,775 3,969 17,948
Life Science 950 964 4,552
Surgical Workflows 2,595 2,579 12,258
Total 8,320 7,513 34,759
Gross profit, SEK M Jan-Mar
2025
Jan-Mar
2024
Jan-Dec
2024
Acute Care Therapies 2,769 2,273 9,615
Life Science 346 364 1,696
Surgical Workflows 979 995 4,842
Total 4,095 3,632 16,153
Operating profit (EBIT), SEK M Jan-Mar
2025
Jan-Mar
2024
Jan-Dec
2024
Acute Care Therapies 692 711 2,065
Life Science 38 75 526
Surgical Workflows -21 36 703
Group functions and other (incl. eliminations)1) -12 -67 -440
Operating profit (EBIT) 598 755 2,854
Net financial items -170 -17 -571
Profit after financial items 428 638 2,282

1) Group functions and other refer mainly to central finance, communication, HR and other items, such as eliminations.

Note 4 Depreciation, amortization and write-downs

SEK M Jan-Mar
2025
Jan-Mar
2024
Jan-Dec
2024
Acquired intangible assets -107 -58 -320
Intangible assets -164 -145 -928
Right-of-use assets -136 -126 -534
Tangible assets -159 -143 -639
Total -566 -471 -2,421
of which write-downs -20 - -357
SEK M Jan-Mar
2025
Jan-Mar
2024
Jan-Dec
2024
Cost of goods sold -242 -223 -960
Selling expenses -181 -130 -625
Administrative expenses -105 -102 -414
Research and development costs -17 -16 -99
Restructuring costs -20 -325
Tota -566 -471 -2,421
of which write-downs -20 -357

Note 5 Quarterly results

SEK M Jan-Mar
2025
Oct-Dec
2024
Jul-Sep
2024
Apr-Jun
2024
Jan-Mar
2024
Oct-Dec
2023
Jul-Sep
2023
Apr-Jun
2023
Net sales 8,320 11,071 7,870 8,305 7,513 9,903 7,607 7,176
Cost of goods sold -4,225 -6,018 -4,315 -4,394 -3,880 -5,617 -4.016 -4,077
Gross profit 4,095 5,053 3,556 3,911 3,632 4,286 3,591 3.099
Operating expenses -3,497 -3,969 -3,372 -3,081 -2,877 -3,149 -2,276 -2,717
Operating profit (EBIT) 598 1,084 184 830 755 1,137 1,315 383
Net financial items -170 -173 -152 -130 -117 -152 -88 -78
Profit after financial items 428 911 32 700 638 986 1,227 305
Taxes -124 -243 -24 -187 -174 -267 -326 -88
Net profit for the period 304 668 00 513 464 719 901 216

Note 6 Adjustment items

Jan-Mar Jan-Mar Jan-Dec
Adjusted EBITA, SEK M 20725 20224 2024
Acute Care Therapies 1,012 751 3,554
Life Science 53 ರಿ 3 608
Surgical Workflows 49 64 1,090
Group functions and other (incl. eliminations) -110 -66 -383
Tota 1,003 842 4,869
Jan-Mar Jan-Mar Jan-Dec
Adjustments of EBITA, SEK M 2025 2024 2024
Specification of items affecting comparability that impact EBITA
Restructuring costs, Acute Care Therapies -251 -17 -715
Restructuring costs, Life Science 0 -10 -35
Restructuring costs, Surgical Workflows -45 -2 -91
Provision for investigations with CGU in Brazil, Acute Care Therapies1) -289
Provision for investigations with CGU in Brazil, Surgical Workflows1 - -193
Provision for field actions for Cardiosave, Acute Care Therapies2) - -297
Other, Acute Care Therapies -18
Group functions and other (incl. eliminations) 3) -2 0 -57
Total -298 -29 -1,695
Items affecting comparability per segment
Acute Care Therapies -251 -17 -1,319
Life Science 0 -10 -35
Surgical Workflows -45 -2 -284
Group functions and other (incl. eliminations) -2 0 -57
Total -298 -29 -1 695

1) Reported in Other operating income and operating expenses
2) Reported in Cost of SEK-2 M (0) and restructuring costs of SEK - M (-) for the quarter and acquisition costs

EBITA, SEK M Jan-Mar
2025
Jan-Mar
2024
Jan-Dec
2024
Acute Care Therapies 761 734 2,235
Life Science 53 84 573
Surgical Workflows বা 62 806
Group functions and other (incl. eliminations) -112 -67 -440
Total 705 813 3,174
Effect of adjustment of tax, SEK M Jan-Mar
2025
Jan-Mar
2024
Jan-Dec
2024
Amortization and write-down of acquired intangible assets1) 107 58 320
Items affecting comparability 298 29 1,695
Adjustment items, total 405 87 2,016
Tax on adjustment items2) -112 -24 -459
Adjustment for tax items affecting comparability
Total -112 -24 -459

1) Excluding write-downs classified as items affecting comparability
2) Tax effect on tax deductible adjustment items

Note 7 Consolidated net interest-bearing debt

SEK M March 31
2025
March 31
2024
December 31
2024
Other interest-bearing liabilities, current 1.769 2.811 1.956
Other interest-bearing liabilities, long-term 8,118 3.744 6.971
Provisions for pensions and similar obligations, interest-bearing 2,452 2,675 2,700
Lease liabilities, current 450 447 491
Lease liabilities, long-term 1.145 1,329 1,309
Interest-bearing liabilities 13,934 11,007 13,428
Less cash and cash equivalents -4,203 -3,358 -2,961
Netinterest-bearing cash/debt 9,731 7.649 10,467

Note 8 Key figures for the Group

Jan-Mar Jan-Mar Jan-Dec
Financial and operative key figures 2025 2024 2024
Key figures based on Getinge's financial targets
Adjusted earnings per share1), SEK 2.18 1.92 11.73
Growth in adjusted earnings per share1), % 13.5 -17.9 27.6
Other operative and financial key figures
Organic growth in order intake, % 2.9 2.5 6.3
Organic growth in net sales, % 6.2 0.0 4.9
Gross margin, % 49.2 48.3 46.5
Selling expenses, % of net sales 19.1 19.5 17.2
Administrative expenses, % of net sales 14.2 14.6 13.4
Research and development costs, gross as a % of net sales 5.9 6.3 6.0
Operating margin, % 7.2 10.0 8.2
EBITDA, SEK M 1,164 1,226 5,275
Average number of shares, thousands 272,370 272,370 272,370
Number of shares at the end of the period, thousands 272,370 272,370 272,370
Interest-coverage ratio, multiple 12.0 13.6 12.3
Net debt/equity ratio, multiple 0.32 0.23 0.32
Net debt/Rolling 12m adjusted EBITDA, multiple 1.4 1.4 1.6
Capital employed, SEK M 41,365 37,100 40,952
Return on capital employed, % 11.3 9.5 11.1
Return on equity, % 4.7 7.3 5.2
Equity/assets ratio, % 51.0 57.9 52.0
Equity per share, SEK 112.89 119.70 121.93
Number of employees 11,827 11,862 11,791

1) Before and after dilution

Alternative performance measures

Alternative performance measures refer to financial measures used by the company's management and investors to evaluate the Group's earnings and financial position and that cannot be directly read or derived from the financial measures are intended to facilitate analysis of the Group's performance. Accordingly, the alternative performance measures a supplement to the financial statements prepared in accordance with IFRS. The financial measures recognized in this report may differ from similar measures used by other companies.

Jan-Mar Jan-Mar Jan-Dec
Adjusted gross profit, SEK M 2025 2024 2024
Gross profit 4,095 3,632 16,153
Add-back of:
Depreciation, amortization and write-downs of intangible assets and 242 223 960
tangible assets
Other items affecting comparability
297
Adjustment for write-downs included in other items affecting
comparability
Adjusted gross profit 4,337 3,855 17,409
Jan-Mar Jan-Mar Jan-Dec
Adjusted EBITDA, SEK M 2025 2024 2024
Operating profit (EBIT) 598 755 2,854
Add-back of:
Depreciation, amortization and write-downs of intangible assets and
tangible assets
459 413 1,823
Amortization and write-down of acquired intangible assets 107 58 320
Other items affecting comparability 797
Acquisition and restructuring costs 298 29 898
Adjustment for write-downs included in other items affecting
comparability and restructuring costs -20 -46
Adjusted EBITDA 1,442 1,255 6,646
Jan-Mar Jan-Mar Jan-Dec
Adjusted EBITA, SEK M 2025 2024 2024
Operating profit (EBIT) 598 755 2,854
Add-back of:
Amortization and write-down of acquired intangible assets 107 58 320
Other items affecting comparability 797
Acquisition and restructuring costs 298 29 898
Adjusted EBITA 1,003 842 4,869
Jan-Mar Jan-Mar Jan-Dec
Adjusted EBIT, SEK M 2025 2024 2024
Operating profit (EBIT) 598 755 2,854
Add-back of:
Other items affecting comparability 797
Acquisition and restructuring costs 298 29 898
Adjusted EBIT 896 784 4,549
Adjusted net profit for the period, SEK M Jan-Mar
2025
Jan-Mar
2024
Jan-Dec
2024
Net profit for the period 304 464 1,654
Add-back of:
Amortization and write-down of acquired intangible assets 107 58 320
Other items affecting comparability 797
Acquisition and restructuring costs 298 29 898
Tax items affecting comparability
Tax on add-back items -112 -24 -459
Adjusted net profit for the period 597 528 3,211

The calculation of adjusted earnings per share,
before and after dilution, attributable to the Parent Company's
shareholders, Jan-Mar Jan-Mar Jan-Dec
is based on the following information: 2025 2024 2024
Earnings (numerator), SEK M
Adjusted net profit for the period 597 528 3,211
Adjusted net profit for the period attributable to non-controlling
interest -4 -5 -16
Adjusted net profit for the period attributable to the Parent
Company shareholders, which form the basis for calculation of
adjusted earnings per share 593 522 3,195
Jan-Mar Jan-Mar Jan-Dec
Number of shares (denominator) 2025 2024 2024
Weighted average number of ordinary shares for calculation of
adjusted earnings per share (thousands) 272,370 272,370 272,370
Adjusted earnings per share, SEK 2.18 1.92 11.73

Note 9 Acquisitions

No acquisitions took place during the first quarter that had a material impact on the Group's financial earnings and position.

In September 2024, 100% of the shares in Paragonix Technologies, Inc. were acquired. During the first quarter, Paragonix achieved certain regulatory milestones and an additional purchase price of SEK 10 M was paid. In addition, the acquisition balance sheet was adjusted, which resulted in a reduced purchase price of SEK 19 M.

Contingent considerations

Getinge signed agreements on contingent connection with acquisitions of assets and subsidiaries as stated above. Liabilities for these additional purchase prices are measured at fair value through profit or loss at Level 3 of the fair value hierarchy. The additional purchase prices are conting government approval for the acquired product development projects and contingent on the earnings performance of the acquired businesses.

March 31 March 31 December 31
Contingent considerations 2025 2024 2024
Opening balance 3,280 498 498
Business combinations 3,112
Dissolution of provision -13
Fair value adjustments recognized in profit or loss 5 11
Payments -110 -512
Discount effect 31 0 32
Translation differences -291 31 152
Closing balance 2.915 529 3,280

GETINGE *

Parent Company financial statements

Parent Company's income statement

SEK M Jan-Mar
2025
Jan-Mar
2024
Jan-Dec
2024
Net sales 107 86 293
Administrative expenses -88 -45 -328
Operating profit/loss 19 42 -35
Result from participations in Group companies1) 1,743
Interest income and other similar income2) 17 9 37
Interest expenses and other similar expenses2) -55 -54 -218
Profit after financial items -19 -3 1,527
Appropriations 139
Taxes -4 -9 -39
Net profit for the period3) -23 -12 1,627

1) Primarily refers to dividends from Group companies that take place on an ongoing basis throughout the year.

2) Interest income and other similar income and interst expenses and uther similate exchangerate gains and losses

3) Comprehensive income for the period corresponds to net profit for the period.

Parent Company's balance sheet

SEK M March 31
2025
March 31
2024
December 31
2024
Assets
Intangible assets 0
Tangible assets 2 2 2
Participations in Group companies 29,582 28,336 29,582
Deferred tax assets ರಿ5 89 99
Current receivables from Group companies 1,797 1,076 1,244
Current receivables 43 34 18
Cash and cash equivalents 903 0
Total assets 32,422 29,538 30,946
Equity andliabilities
Equity 25,645 25,228 25,669
Long-term liabilities 5,093 3,470 3,595
Other provisions 20 16 16
Current liabilities to Group companies 3
Current liabilities 1,663 821 1,660
Total equity and liabilities 32,422 29,538 30,946

Definitions

Financial terms

Adjusted earnings per share: Adjusted net profit for the period attributable to Parent Company shareholders in relation to average number of shares.

Adjusted EBIT: Operating profit (EBIT) with add-back of acquisition and restructuring costs and other items affecting comparability.

Adjusted EBITA: EBITA with add-back of acquisition and restructuring costs and other items affecting comparability.

Adjusted EBITDA: EBITDA with add-back of acquisition and restructuring costs and other items affecting comparability.

Adjusted gross profit: Gross profit with add-back of depreciation, amortization and write-downs and other items affecting comparability.

Adjusted net profit for the period: Net profit for the period with add-back of amortization and write-down of acquired intangible assets, acquisition and restructuring costs, other items affecting comparability and tax effect of add-back of income-statement items.

Adjusted profit before tax: Profit before tax for the period with add-back of amortization and write-down of acquired intangible assets, acquisition and restructuring costs and other items affecting comparability.

Capital employed: Average total assets with add-back of cash and cash equivalents, other provisions, accounts payable and other non-interest-bearing liabilities.

Capital goods: Durable products that are not consumed when used.

Currency transaction effect: Exchange of current year's volumes of foreign currency at this year's exchange rates, compared with the exchange rates in the preceding year.

Earnings per share: Net profit attributable to Parent Company shareholders in relation to average number of shares.

EBIT: Operating profit.

EBITA margin: EBITA in relation to net sales.

EBITA: Operating profit (EBIT) before addback of amortization and write-down of acquired intangible assets.

EBITDA margin: EBITDA in relation to net sales.

EBITDA: Operating profit (EBIT) with addback of amortization, depreciation and write-downs.

Equity/assets ratio: Equity in relation to total assets.

Equity per share: Equity in relation to the number of shares at the end of the period.

Free cash flow: Cash flow from operating activities and investing activities, excluding acquisitions and divestment of operations. Gross margin: Gross profit in relation to net sales.

Interest-coverage ratio: Rolling 12 months' adjusted EBITDA in relation to rolling 12 months' net interest.

ltems affecting comparability: Acquisition and restructuring costs and other items affecting comparability. Other items affecting comparability are significant revenue/expenses that impact comparability between accounting periods. These items include, but are not limited to, write-downs, disputes and major gains and losses attributable to divestments of assets or businesses.

Net debt/equity ratio: Net interest-bearing debt in relation to equity.

Operating liabilities: Accounts payable, other provisions and other non-interestbearing liabilities (contract liabilities, noninterest-bearing provisions for pensions and similar obligations, accrued expenses and deferred income as well as other liabilities).

Operating margin: Operating profit (EBIT) in relation to net sales.

Operating receivables: Accounts receivable and other current receivables (contract assets, prepaid expenses and accrued income, and other receivables).

Organic change: A financial change adjusted for currency, acquisitions and divestments of operations.

Recurring revenue: Revenue from sales of products that are continuously consumed as well as service, spare parts and similar items.

Return on capital employed: Rolling 12 months' adjusted EBIT in relation to capital employed.

Return on equity: Rolling 12 months' profit after tax in relation to average equity.

Sustainability terms

Double materiality assessment: The process of identifying an organization's impacts on people and the environment and the sustainability-related financial risks and opportunities for the organization. The

results are also used to determine whether a sustainability topic is to be included in the company's sustainability report.

Employee engagement: The engagement score in Getinge's employee survey.

ESRS: European Sustainability Reporting Standards.

Online customer training: The number of training courses held for customers. The total number of times a customer has completed an e-learning course or participated in a training webinar.

REC (Renewable Energy Certificates): Used to certify that electricity was generated from renewable sources.

Scope 1 & 2: Carbon emissions from production (in ton CO2 equivalents). Scope 1 includes emissions from oil and gas consumption. Emissions from Getinge's vehicle fleet are excluded in the interim report but the amounts for the full-year are presented in the Sustainability Report. Scope 2 includes emissions from electricity, heating and cooling. Emissions from leased premises are excluded in the interim report but the amounts for the full-year are presented in the Sustainability Report.

WRAR (Work Related Accident Rate): The number of work related accidents divided by the number of hours worked, normalized by multiplying by 200,000 hours.

Medical terms

Cardiopulmonary: Pertaining or belonging to both heart and lung.

Cardiovascular: Pertaining or belonging to both heart and blood vessels.

DPTE®-BetaBags: Bag that ensures contamination-free transfer of components.

ECMO: Extracorporeal membrane oxygenation, meaning oxygenation outside the body through a membrane. Put simply, a modified cardiac and respiratory machine that exchanges oxygen and carbon dioxide, like an artificial lung.

Endoscope: Equipment for visual examination of the body's cavities, such as the stomach.

Endovascular: Vascular treatment using catheter technologies.

EVH: Endoscopic Vessel Harvesting is a minimally invasive technique for removing blood vessels, for example during coronary artery bypass surgery.

Extracorporal life support (ECLS):

Oxygenation of the patient's blood outside

the body (extracorporeal) using advanced medical technology.

Grafts: Artificial vascular implants.

Hemodynamic monitoring: Monitoring the balance between blood pressure and blood flow.

Low temperature sterilization: A device used to sterilize surgical instruments which cannot be sterilized with high temperature steam. It is mainly used for instruments used in the minimal invasive and robotic surgery.

NAVA: Neurally Adjusted Ventilatory Assist (NAVA) identifies the electric activity that

activates the diaphragm and using these signals adapts the ventilation to the patient's respiratory rhythm.

Perfusionist: A healthcare professional who for removing blood vessels from the body. operates the heart-lung machine during surgery.

Stent: A tube for endovascular widening of blood vessels.

Sterilizer: A device to eliminate microorganisms on surgical instruments, usually by high temperature with steam.

Vascular intervention: A medical procedure conducted through vascular puncturing instead of using an open surgery method.

Ventilator: Medical device to help patients breathe.

Vessel harvesting: The name of the process

Geographic areas

Americas: North, South and Central America.

APAC: Asia and Pacific (excluding Middle East).

EMEA: Europe, Middle East and Africa.

Teleconference

A teleconference with President & CEO Mattias Perjos and CFO Agneta Palmér will be held on April 22, 2025 at 1:00-2:00 p.m. CEST.

Fund managers, analysts and the media are invited to the teleconference.

Register via this link to participate in the teleconference.inderes.com/teleconference/?id=5009498. After registering, you will receive a telephone number and a conference. You can ask questions verbally at the teleconference.

A presentation will be held during the telephone conference. To access the presentation, please use this link: https://getinge.events.inderes.com/q1-report-2025 where a recording will be available for three years.

Financial information

Updated information on, for example, the Getinge share and corporate governance is available on Getinge.com. The Annual Report, year-end report and interim reports are published in Swedish and are available for download at www.getinge.com. The preliminary dates for financial communication are provided below:

July 18, 2025 Q2 Report 2025 October 21, 2025 Q3 Report 2025

Contact

David Kördel, Head of Investor Relations +46 (0)10 335 0077 [email protected]

This information is such that Getinge AB (pub) is obligated to disclose with the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, on April 22, 2025 at 12:00 p.m. CEST.

With a firm belief that every person and community should have access to the best possible care, Getinge provides hospitals and life science institutions with products and solutions that aim to improve clinical results and optimize workflows. The offering includes products and solutions for intensive care, cardiovascular procedures, operating rooms, sterile reprocessing and life science. Getinge employs about 12,000 people worldwide and the products are sold in more than 135 countries. Getinge has been listed on Nasdaq OMX Stockholm, Nordic Large Cap since 1993 and is included in the 30 most actively traded shares.

Getinge AB (publ) | Lindholmspiren 7A, 417 56 Gothenburg, Sweden | Tel: +46 (0)10 335 0000 | E-mail: [email protected] | Corp. Reg. No.: 556408-5032 | www.getinge.com

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