As previously announced, Getinge introduced a new organizational structure
effective January 1, 2016 that better reflects customer requirements and enables
more effective governance of the Group. Consequently, a new financial governance
model and reporting structure has been developed to reflect this change. As a
result, Getinge has also changed its external reporting structure. Segment
information for 2015 has thus been restated to facilitate comparisons.
Getinge’s new functional organizational structure that was introduced on January
1, 2016 entails better opportunities for focusing on the specific needs of each
customer and enables Getinge’s unique customer offering through the Group’s
total product portfolio. In addition, the new structure entails a significantly
more efficient and focused management of the Group.
A new financial reporting structure was introduced that corresponds to the new
organizational structure. This new reporting structure comprises three reporting
segments based on the Group’s three Business Category Units: Surgical Workflows,
Acute Care Therapies and Patient & Post-Acute Care. Group Items will be reported
separately.
The segment information for 2015 has been restated in accordance with the new
reporting structure to facilitate comparisons. Restated information regarding
order intake, net sales, gross profit, EBITA and EBIT is appended to this press
release.
The interim report for the first quarter 2016 is published on April 22nd at
13.00 CET and will reflect the new reporting structure.
For further information, please contact:
Pernille Fabricius
CFO, Getinge Group
Tel: +46 10 335 0000
Kornelia Rasmussen
Executive Vice President, Communications & Brand Management
Tel: +46 10 335 5810
Getinge Group is a leading global provider of innovative solutions for operating
rooms, intensive-care units, hospital wards, sterilization departments, elderly
care and for life science companies and institutions. Getinge’s unique customer
offering mirrors the hospital’s organization and value chain, and the solutions
are used before, during and after the patients’ hospital stay. Based on first
-hand experience and close partnerships, Getinge provides innovative healthcare
solutions that improve every-day life for people, today and tomorrow.
This information is such that Getinge AB must disclose in accordance with the
Swedish Securities Market Act and/or the Financial Instruments Trading Act.
Restated financial information per quarter
Order intake, SEK M Q12015 Q22015 Q3 2015 Q4 2015 Full-year
2015
Surgical Workflows 2,390 2,723 2,733 3,167 11,013
Acute Care Therapies 2,854 2,812 2,816 3,155 11,637
Patient & Post-Acute Care 1,948 1,981 1,848 2,004 7,781
Group, total 7,192 7,516 7,397 8,326 30,431
Net sales, SEK M Q12015 Q22015 Q3 2015 Q4 2015 Full-year
2015
Surgical Workflows 2,122 2,398 2,389 3,982 10,891
Acute Care Therapies 2,617 2,863 2,695 3,402 11,577
Patient & Post-Acute Care 1,973 1,920 1,841 2,033 7,767
Group, total 6,712 7,181 6,925 9,417 30,235
Gross profit, SEK M Q12015 Q22015 Q3 2015 Q4 2015 Full-year
2015
Surgical Workflows 786 883 928 1,631 4,228
Acute Care Therapies 1,445 1,570 1,517 1,896 6,428
Patient & Post-Acute Care 911 878 796 922 3,507
Group, total 3,142 3,331 3,241 4,449 14,163
EBITA*, SEK M Q12015 Q22015 Q3 2015 Q4 2015 Full-year
2015
Surgical Workflows 59 131 228 815 1,233
Acute Care Therapies 460 514 477 825 2,276
Patient & Post-Acute Care 240 128 173 348 889
Group Items** -42 -59 -50 -68 -219
Group, total 717 714 828 1,920 4,179
EBIT, SEK M Q12015 Q22015 Q3 2015 Q4 2015 Full-year
2015
Surgical Workflows 28 75 202 749 1,054
Acute Care Therapies 235 331 185 595 1,346
Patient & Post-Acute Care 115 82 94 282 573
Group Items** -43 -60 -60 -81 -244
Group, total 335 428 421 1,545 2,729
*before restructuring, acquisition and integration costs
**Group Items refers mainly to the central functions finance, communication,
human resources and administration
Changes to Getinge Group’s financial reporting
| Source: Getinge AB
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