Company announces a comprehensive transformation programme focused on growth, efficiency and a new organisational structure
At Getinge’s capital markets day, President and CEO Alex Myers presented a comprehensive transformation programme aimed at increasing the company’s competitiveness and leading to a higher degree of customer focus.
‘The transformation programme will ensure that we have a customer-focused structure,’ said Myers, ‘resulting in improved profitability and increased growth.’
The transformation programme comprises three components:
Overall, the programme is expected to achieve an EBITA improvement of SEK2.5–3bn by 2019. The current organisational structure, comprising three independent business areas, will be replaced with a new structure, said entail better opportunities to focus on the needs of each individual customer, process harmonisation and more efficient management.
The new organisation will consist of a group-wide supply chain function to deliver better customer service and drive cost synergies. Three business category units will be established – surgical workflows, acute care therapies, and patient and post-acute care – providing more focused customer offerings.
‘To strengthen our market position and better reflect customer needs and requirements, a new sales organisation will also be established to promote the joint product range,’ added Myers. The Maquet, ArjoHuntleigh and Getinge product brands will be retained.