New financial targets for Getinge AB


New financial targets for Getinge AB

December 4, 2009

In conjunction with the Capital Markets Day that Getinge AB is hosting today, 4
December, some new information regarding the Group's financial targets and
earnings outlook will be presented. 

Revised financial targets

The Group's EBITA margin target is being raised from 18-19% to about 20%. For
the Extended Care and Infection Control business areas, the previous EBITA
margin targets of 19% and 16%, respectively, will remain in place. For Medical
Systems, the EBITA margin target is being increased to 22% from the previous
19-20% target. 

Getinge is also implementing a new cash flow target and aims to make operating
cash flow comprise 60-70% of the Group's EBITDA (cash-conversion). 

Earnings outlook for 2009

For the current year, Getinge expects organic invoicing growth to total about
1%. Consolidated profit before tax was revised upward and is now expected to
increase by about 20%, up from about 15%, compared with the result in 2008. 

Earnings outlook for 2010

In the next financial year, Getinge expects organic invoicing growth to improve
compared with 2009 as a result of a stabilised demand scenario in North America
and continued robust growth in emerging markets. The demand for capital goods in
Western Europe is expected to weaken, while the demand for services and
disposables will be marginally affected. Getinge expects sales synergies
resulting from acquisitions in recent years, and product launches to contribute
to growth for the Group. 

In terms of consolidated profit before tax for the 2010 financial year, Getinge
anticipates double-digit improvement. 

Tax rate for 2009 and 2010 

Getinge estimates that the rate of tax will be 28% for 2009 and 27-28% for 2010.


Presentations from the Capital Markets Day are available on Getinge's website 
www.getingegroup.com 


For further information:
Johan Malmquist, CEO
+46 (0)35-15 55 00

GETINGE GROUP is a leading global provider of products and systems that
contribute to quality enhancement and cost efficiency within healthcare and life
sciences. We operate under the three brands of ArjoHuntleigh, GETINGE and
MAQUET. ArjoHuntleigh focuses on patient mobility and wound management
solutions. GETINGE provides solutions for infection control within healthcare
and contamination prevention within life sciences. MAQUET specializes in
solutions, therapies and products for surgical interventions and intensive care.



The information is such that Getinge AB must disclose in accordance with the
Swedish Securities Market Act and/or the Financial Instruments Trading Act. 

Pièces jointes

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