GNGBF - Getinge AB (GNGBF) Q4 2024 Earnings Call Transcript
2025-01-28 09:13:03 ET
Getinge AB (GNGBF)
Q4 2024 Results Conference Call
January 28, 2025 04:00 AM ET
Company Participants
Mattias Perjos - President & CEO
Agneta Palmer - CFO
Conference Call Participants
Rickard Anderkrans - Handelsbanken
Erik Cassel - Danske Bank
Aisyah Noor - MS
Mattias Vadsten - SEB
Kristofer Liljeberg - Carnegie Investment Bank
Patrik Ling - DNB Markets
Presentation
Operator
Welcome to the Getinge Q4 Report 2024. [Operator Instructions] Now I will hand the conference over to speakers CEO, Mattias Perjos; and CFO, Agneta Palmer. Please go ahead.
Mattias Perjos
Thank you very much, and welcome, everyone, today to today's earnings call. With me, I have our CFO, Agneta Palmer. Today's conference, we'll start by looking at the performance of Q4 and then a bit of a recap of some of the key events of 2024.
So we can move directly over to Page No. 2, please. So the key takeaways when it comes to performance for the quarter, let's start with that. So looking back now at a strong quarter consistent through the 3 months. Order intake grew by 11%, of which organic growth amounted to 7.4%, thanks to positive development in all regions and all business areas, except for Life Science, which was basically flat.
Net sales increased by 11.8% in the quarter and there was 9.2% organic growth when it came to sales. If you look at the adjusted gross and EBITDA margins, they improved significantly in the quarter. This was mainly due to healthy price increases coming through. We had good leverage from the higher volume.
We had a positive product mix and also good traction from our productivity efforts. And when we talk about financial leverage, our financial position remains solid. And even if the leverage has increased somewhat after the acquisition of Paragonix, it is trending down, and our financial position remains solid, thanks to the strong free cash flows that we generate....
Getinge AB (GNGBF) Q4 2024 Earnings Call Transcript