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 Words from the CEO After living through the ordeal of a pandemic that has impacted customers, patients and the business world for several years, 2022 was another extraordinary year. Russia's invasion of Ukraine impacted all of us. In addition to the human catastrophe, we witnessed how global trade once again faced new challenges. The supply chain problems experienced since the outbreak of the pandemic continued to result in major consequences. We experienced shortage of components, logistical difficulties and higher costs as a result, which could not be fully compensated by price increases. Inflation rose globally, primarily impacting our customers' finances. Despite healthcare staff working harder than even to help people in need of care, we can confirm that healthcare has not yet recovered to pre-pandemic levels when it comes to elective surgery. As a result, it is more important than ever to increase healthcare productivity, and our smart products and services are able to positively impact this. The organic order intake and net sales declined year-on-year in 2022. However, we still see many opportunities to develop our offer- ing to meet customer needs and thereby expand our market shares. For example, we succeeded in increasing sales of capital goods for operating rooms and sterile supply departments in the US, which is our largest market. We also acquired FLUOPTICS SAS, an exciting French world-leading company in fluorescence imaging as an aid to surgery. The acquisition expanded our customer offering in clinical decision-making support for safe and effective surgical procedures. All in all, digital advances in healthcare are helping more patients be treated more safely, while the work environment is positively impacted and costs are kept under control. We already have world-leading digital solutions that contribute to this and our R&D teams are working to present more. Digital tools also play an important role in the efficiency of service, which is a very important part of our offering, and in terms of uptime for our customers. Thanks to structured and dedicated efforts, our fantastic service employees have consistently devel- oped the business positively, and I see many opportunities in continuing to develop the service business. "Together with our customers and suppliers, we are now working to create an improved work environment for health- care staff with products that simplify their work, lead to increased productivity and save more lives." 8
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