Getinge AB specifies integration and restructuring costs for the second quarter of 2008 and the full year

Getinge AB specifies integration and restructuring costs for the second quarter
of 2008 and the full year

As part of the integration of Huntleigh into the Extended Care business area and
the recently acquired cardiac and vascular surgery divisions within the Medical
Systems business area, the current year will be charged with integration and
restructuring costs, as announced earlier.

Huntleigh integration

The integration costs for the period, which largely pertain to the relocation of
production from Luton, in the UK, to the recently completed plant in China, will
be charged to the second quarter in a total amount of SEK 54 million.

For the current full year, the integration costs for Huntleigh are expected to
amount to SEK 145 million, which is in line with earlier announcements.

At the end of the year, the total integration costs since the acquisition of
Huntleigh in 2007 will amount to approximately SEK 400 million, which is in line
with the original plan. Annual savings resulting from cuts and efficiency
measures will exceed SEK 300 million annually from 2009, which is an improvement
on the original plan. 
Integration of cardiac and vascular surgery divisions

During the second quarter of the year, and as has already been announced, a
decision was made to transfer the production of the cardiac surgery division
from Dorado, in Puerto Rico, to the production unit in Wayne, New Jersey, US. As
a result of this decision, earnings for the second quarter of the year will be
charged with nonrecurring costs of SEK 43 million.

For the year in its entirety, integration costs are expected to amount to SEK 60
million, which is lower than the announced amount of about SEK 85 million. The
remaining restructuring costs of about SEK 25 million are expected to be charged
to earnings during the first six months of 2009.

As announced earlier, savings from the announced and planned integration
activities will lead to annual cost savings of SEK 100-120 million per year
starting in 2010.


The information provided herin is such that Getinge AB can be obligated to
disclose pursuant to the Securities and Clearing Operations Act and/or the
Financial Instruments Trading Act.