Finance
Getinge tops profit estimates even as it absorbs chunk of tariff costs
Published by Global Banking & Finance Review®
Posted on October 21, 2025
2 min readLast updated: January 21, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on October 21, 2025
2 min readLast updated: January 21, 2026
Getinge exceeded profit expectations in Q3 despite tariff challenges, aided by price hikes and cost-saving measures. The medical technology sector faces pressure from U.S. tariffs.
(Reuters) -Swedish medical equipment maker Getinge reported third-quarter core earnings above market expectations on Tuesday, supported by price hikes and cost saving measures meant to combat a hit from U.S. tariffs and negative currency exchange effects.
Getinge's adjusted earnings before interest, taxes and amortisation (EBITA) grew 19% to 1.08 billion Swedish crowns ($114.7 million in the quarter. Analysts were expecting 1.02 billion crowns on average, a company-provided poll showed.
The earnings included tariff and currency exchange costs that were 236 million crowns higher than last year, of which Getinge needs to absorb a large share in the short term before the increased prices fully show in the results, the company said.
The maker of products for surgery, intensive care and sterilisation has said that U.S. import duties on medical equipment will ultimately affect hospitals and patients the most, as most manufacturers raise their prices to pay for the tariffs on imported products or their components.
"Intensified efforts to improve cost efficiency and boost productivity are generating results and in general, we are successful at keeping material cost development under control," CEO Mattias Perjos said in a statement.
However, the medical technology sector remains under pressure. Last month, the U.S. launched a national security investigation into imports of medical devices and industrial machinery, including items like infusion pumps, hospital beds and surgical instruments, which could lead to higher tariffs, raising costs and reshaping supply chains in the healthcare and technology sectors.
($1 = 9.4155 Swedish crowns)
(Reporting by Marta Frackowiak in Gdansk; Editing by Milla Nissi-Prussak)
EBITA stands for Earnings Before Interest, Taxes, and Amortization. It is a measure of a company's profitability that focuses on its core operations, excluding the effects of capital structure and tax rates.
Currency exchange is the process of converting one currency into another. It is essential for international trade and can be influenced by various economic factors, including tariffs and market demand.
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