Getinge AB Class B

GETI B: XSTO (SWE)
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Getinge Earnings: Consumables Sales Help Offset Capital Goods Weakness; Shares Overvalued

Getinge’s organic sales growth slowed to 2.1% in the third quarter from 4.6% in the previous quarter. The slowdown was driven by persistent weakness in life science capital goods and lumpy ventilator procurement. Shares increased by 2% at the market open on Oct. 21.

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