Getinge 2022 Annual Report slide image

Getinge 2022 Annual Report

Getinge 2022 Annual Report Introduction Strategy Corporate Governance Annual Report Sustainability Report Other information Contents Acute Care Therapies Acute Care Therapies offers world-leading products for life support and therapies in acute health conditions. The offering includes solutions for: • Critical care • Cardiac and vascular surgery • Cardiopulmonary • Vascular interventions Customers' needs Acute Care Therapies contributes to saving 10 million lives every year. The need to save lives and reduce long-term complications requires innovative and sustainable solutions and the right combination of technologies and equipment for unique care environments. Getinge works together with customers to develop advanced clinical solutions and spread knowledge that can contribute to improved therapy results, achieving more rapid recovery and enhancing quality of life for patients in intensive care and surgery. Research and development Acute Care Therapies continues to invest in research and develop- ment (R&D), partly through securing resources that can contribute to innovative R&D in the product segments with favorable future prospects, and Acute Care Therapies has a leading position in this regard. This includes, for example, ICU ventilators and products for ECMO treatment in the field of cardiopulmonary support, with the development of products, consumables, services and software still considered as top priorities. A focal point is also supporting customers with digital solutions such as clinical decision-making support and efficient service. Production sites Acute Care Therapies' production sites are located in the US, Germany, France, Sweden, Türkiye and China. In 2022, production capacity increased in anesthesia, vascular grafts and solutions for advanced monitoring and endoscopic vessel harvesting (EVH). During the year, solar panels were installed in the production sites in Suzhou and Antalya with the aim to become carbon neutral in own operations by 2025. Sales and profitability Organic sales and profitability for 2022 declined compared with 2021, which was characterized by strong demand related to the COVID-19 pandemic. In addition to lower demand, sales were inhibited by supply chain challenges. Lower sales and supply chain disruptions had a negative impact on the operating margin compared with the preceding year. 17
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