(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 ster