Getinge Q3 pretax profit in line with forecasts

STOCKHOLM, Oct 19 (BestGrowthStock) – Swedish medical technology
group Getinge (GETIb.ST: ) posted third-quarter pretax profit
roughly in line with expectations on Tuesday and said earnings
growth would remain strong this year and in 2011.

However, the firm noted greater restraint in
medical-technical capital goods investments in western Europe.

Quarterly pretax earnings at the Swedish firm was 685
million Swedish crowns ($102.5 million), slightly above the 671
million seen in a Reuters poll of analysts, and above 675
million in the second quarter.

Getinge Q3 pretax profit in line with forecasts