GETINGE GROUP Interim report January – March 2012 19 April 2012 Johan Malmquist, CEO Ulf Grunander, CFO.

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Presentation transcript:

GETINGE GROUP Interim report January – March April 2012 Johan Malmquist, CEO Ulf Grunander, CFO

Q – Summary  Improving demand situation  Ebita-result grew by ~7%  Operating cash-flow grew by ~14%  Atrium Medical develops according to plans

3 Q Trends in organic order intake 2012 YTD MSECICTOT Europe0,5%1,6%-10,8%-2,3% USA and Canada-10,0%-8,5%6,2%-6,3% Rest of the world11,1%14,3%28,7%15,5% Total 0,8%-0,2%3.6% 1,2%

4 Q Consolidated results Change2011 YTD %FY Net sales, SEK million ,3% Gross margin52.5%53,2% -0,7% 52,2% Operating cost, SEK million ,3% EBITA before restructuring ,6%4 571 EBITA margin16,3%17,2% -0,9% 20,9% Net financial items Profit before tax ,4%3 444

5 Q Medical Systems’ results Change % 2011 FY YTD Net sales, SEK million ,2% Gross margin %58,3%58.1% 0,2% 57,7% Operating cost, SEK million ,0% EBITA before restructuring ,3%2 495 EBITA margin15,8%16,8%-1,0%22,6%

6 Q Medical Systems’ highlights  New EVP of Medical Systems appointed.  Restructuring activities within the Cardiovascular division are progressing according to plan.  Good results from COBEST and Infuse-AMI clinical studies.

7 Q Extended Care’s results Change % 2011 FY YTD Net sales, SEK million ,6%5 751 Gross margin %52,6%52,9% -0,3% 51,8% Operating cost, SEK million ,5% EBITA before restructuring ,0%1 278 EBITA margin23,2%22,7%0,5%22,2%

8 Q Infection Control’s Results Change % 2011 FY YTD Net sales, SEK million ,3%5 072 Gross margin %38,1%42,0% -3,9% 40,5% Operating cost, SEK million ,5% EBITA before restructuring ,8%798 EBITA margin8,3%10,4%-2,1%15,7%

9 Financials YTD FY Cash flow from operation, SEK million Cash conversion, %64,2%60,9%65,1% Net Debt, SEK million Equity, SEK million Equity/assets ratio, %37,3%39,8%35,2% Net debt/equity ratio, multiple

Outlook 2012  We expect earnings growth to remain solid  Organic revenue growth to exceed 2011 levels  Efficiency gains from supply chain improvements  Declining restructuring costs  Earnings contribution from Atrium 10

QUESTIONS

12 Forward looking information This document contains forward-looking information based on the current expectations of the Getinge Group’s management. Although management deems that the expectations presented by such forward-looking 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 business cycles, market and competition, changes in legal requirements and other political measures, and fluctuations in exchange rates.