
“The covid-19 crisis created new opportunities to innovate and new ways to create value in this evolving healthcare world. I am sure we’ll emerge from this crisis stronger.”
Filip Pintelon, General Manager Healthcare
Healthcare posted stable year-over-year results with orders slightly up, sales slightly down and EBITDA margin essentially flat. After a strong first half with high single digit growth in sales, the third quarter slowed down as customers reset delivery schedules based on shifts in hospital spending priorities. The fourth quarter reflected a rebound driven partially by deployments of projects pushed out from the third quarter and partially by stabilizing of the Healthcare supply chain.
Filip Pintelon, General Manager Healthcare