{"id":8677,"date":"2022-04-26T06:26:00","date_gmt":"2022-04-26T06:26:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/3736311_AE36311_0"},"modified":"2022-04-26T06:26:00","modified_gmt":"2022-04-26T06:26:00","slug":"getinge-interim-report-january-march-2022-healthy-order-book-but-supply-chain-challenges","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=8677","title":{"rendered":"Getinge Interim Report January-March 2022: Healthy order book but supply chain challenges"},"content":{"rendered":"
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GOTHENBURG, Sweden<\/span>, April 26, 2022<\/span> \/PRNewswire\/ — “Net sales declined by 6.4% and the order intake fell organically by 4.4% in the quarter,” says Mattias Perjos, President & CEO. “However, excluding the strong sales of ventilators in 2021, we had organic growth in both order intake and net sales. The order book grew 8% during the quarter and is 21% higher now than the same period in 2021, excluding currency fluctuations”. <\/b><\/p>\n

Getinge has a strong pipeline of orders and the sales forecast for the full-year remains unchanged. The deliveries were negatively affected toward the end of the quarter as a result of temporary supply chain challenges. The company estimates that net sales corresponding to SEK 300 M<\/span> have been delayed as a result of the shortage of components.<\/p>\n

“Like many others, we have been impacted by Russia’s<\/span> invasion of Ukraine<\/span>, says Mattias Perjos, President & CEO. “We do not have any production or major deliveries in these countries, but it can indirectly result in higher costs for input goods and delays, which will ultimately affect patients and hospitals around the world. Our customers have been understanding about the situation and appreciate the products and services that we offer, which provide a solid platform for productive dialogue in the current situation”.<\/p>\n

Getinge has well-functioning methods for ensuring access to components and transportation, and expects to meet major deliveries during the second half of the year.<\/p>\n

The gross margin could be maintained in the quarter despite lower volumes from ventilators and negative mix effects and challenges in the supply chain. The EBITA margin was adversely affected by lower volumes and an unfavorable product mix. Getinge expects to see a strong recovery in margins as volumes increase throughout the rest of the year.<\/p>\n

January \u2013 March 2022<\/span> in brief<\/b><\/p>\n