Getinge AB Class B
GETI B: XSTO (SWE)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ^W? | LOCK|<J | LOCK|r&d<sc |
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.
