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GE HealthCare Technologies (GEHC) investor relations material
GE HealthCare Technologies Jefferies London Healthcare Conference 2025 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Portfolio evolution and innovation
Achieved durable financial profile with margin expansion and sales growth since spin-off.
Advanced all four business segments, with leadership in imaging and refreshed AVS (ultrasound and surgical) offerings.
AVS business grew 6% in Q3, driven by innovation and new product launches.
PDx segment launched Flyrcado, a game-changer in myocardial perfusion imaging, with new U.S. partnerships.
PCS business rebounding after resolving a product hold, with future acceleration expected from anesthesia and monitoring innovations.
Market environment and growth outlook
Orders grew 6% with a near-record backlog and a book-to-bill ratio of 1.06x, indicating robust demand.
Radiology equipment remains a key focus for hospitals globally, with strong momentum in the U.S., EMEA, and recovering activity in China.
Developing markets show high interest in expanding radiology capacity and access to care.
Mid-single digit revenue growth (4–6%) targeted over the next several years, with acceleration expected in 2024 and beyond.
New product launches at RSNA expected to drive order growth in late 2024 and sales impact into 2027.
Margin expansion and productivity
Focused on revenue growth, margin expansion, and free cash flow conversion.
Targeting 17–20%+ margins midterm, with 30 basis points of margin expansion expected in 2024 excluding tariffs.
Tariff impact halved through supply chain optimization; further reduction expected in 2025, providing an earnings tailwind.
New products typically offer higher prices and lower costs, supporting margin uplift.
Kaizen initiatives, supply chain improvements, pricing, and SG&A discipline drive further margin gains.
Next GE HealthCare Technologies earnings date
Next GE HealthCare Technologies earnings date
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