Getinge AB (publ) (GETI_B) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to Jetting to Q1 Report 2026 presentation. During the questions and answers session, participants are able to ask questions by dialing pound key five on their telephone keypad. Now I will hand the conference over to the speakers, CEO Matthias Peerjus and CFO Agnetha Palmer. Please go ahead. Thanks, and welcome, everyone. Thanks for joining the call today. As mentioned in the intro here, it's me and our CFO, Agnetha Palme, with you today. And in today's conference, we'll go through performance and some of the highlights in the first quarter of 2026 before opening up for a Q&A. So let's move directly to page number two, please. And I'd like to start by looking at the development of some of our strategic KPIs. And as you can see here, it's evident that we continue to clearly track in line with plan to increase the share of sales from recurring revenue and also accelerating the share of sales from higher margin products like, for example, our ECLS offering, our consumables in infection control and our beta bags within the transfer product category. This is all supported, of course, by solid and effective quality processes. And if we look at the specifics here, we can see that sales from recurring revenue continue to make up two-thirds and high-margin products closing in on about 70% right now. When it comes to quality, the number of field actions in relation to sales has decreased significantly, and we see this positive trend sequentially continue also into the beginning of 2026. And these improvements, we always act in line with thinking of responsible leverage and an attractive long-term return on invested capital. We can move to page number three, please. If we then look at some of the key takeaways from the first quarter, we managed to beat last year's record...