Getinge 2022 Annual Report
Getinge 2022 Annual Report
Targets 2022-2025
Introduction
Strategy
Corporate Governance
Annual Report
Sustainability Report
Other information
Contents
Sustainability targets for 2022-2025
>70%
Index for improved
customer quality
>70%
Employee
commitment
Carbon neutral
in own operations
by 2025
All employees trained in
business ethics and
responsible leadership
>
The result for the year was an average
of 64%, a decline which is mainly the
result of a higher number of open
customer complaints and corrective
measures that are expected to be of
a temporary nature.
This year's employee survey yielded
a result of 71%. Getinge is using
the results of the employee survey
to take relevant remediation
measures, which will be reflected
in future results.
During the year, Getinge took
major steps toward this target
by achieving 48% lower carbon
emissions in own operations.
As an example, all production sites
in Life Science became carbon
neutral during the year.
During the year, 90% of Getinge's
employees were trained in this
area. One reason for the target not
being achieved is that some of the
organization's new employees have
not yet taken part in the training.
Financial targets for 2022-2025
4-6%
Average
organic growth
in net sales
> 10%
Average
adjusted EPS
growth
-5.3%
Organic growth was impacted by
challenging comparative figures,
supply chain challenges, compre-
hensive COVID-19 lockdowns in
China, a widespread shortage of
healthcare staff and Russia's
invasion of Ukraine. However,
underlying needs and demand
remain unchanged and support an
average annual growth of 4-6%.
-17.5%
Adjusted earnings per share was
primarily impacted by a decline
in organic sales, supply chain
disruptions and a generally higher
cost level. As Getinge achieves
its organic growth target and
inflationary pressure subsides,
the company expects growth in
adjusted earnings per share to
increase in line with its target.
Dividend policy
30-50%
of net profit for the year
Dividend for
2021 fiscal year
SEK 4.00
per share
(36% of net profit)
Proposed dividend
for 2022 fiscal year
SEK 4.25
per share
(46% of net profit)
13View entire presentation