Getinge Year End Report 2023: Strong sales and healthy cash flow – but margins impacted by quality costs and mix effects
“Net sales increased by 16.5% in the fourth quarter, following growth in all business areas and regions. Organic growth accounted for 10.1%, acquisitions for 5% and currency for 1.5%,” says Mattias Perjos, President & CEO at Getinge. “Free cash flow increased in Q4, and our strong financial position remains intact, providing us with a solid foundation for continued investment and growth.”Getinge’s order intake increased by 4.1% in the quarter, driven by acquisitions and currency. Organically, it decreased by 2.4%, which is mainly due to challenging comparative figures from 2022 in