Coloplast AS (OTCPK:CLPBF)
$ 128.575 7.425 (6.13%) Market Cap: 28.76 Bil Enterprise Value: 31.84 Bil PE Ratio: 39.13 PB Ratio: 11.87 GF Score: 94/100

Q3 2022 Coloplast A/S Earnings Call Transcript

Aug 17, 2022 / 01:00PM GMT
Release Date Price: $124.21 (+11.65%)
Operator

Welcome to the Coloplast interim financial statements for 9M 2021, '22. (Operator Instructions)

With that, I'll hand the floor to our speakers. Please begin your meeting.

Kristian Villumsen;S;President;CEO
Coloplast A

/-&

Good afternoon, and welcome to our Q3 '21/'22 Conference Call. My name Kristian Villumsen. I'm the CEO of Coloplast. And I'm joined by our CFO, Anders Lonning-Skovgaard; and our Investor Relations team. We'll start like we usually do with a short presentation by Anders and myself, and then open up for questions from you.

Please turn to Slide #3. In Q3, we delivered 8% organic growth and an EBIT margin before special items of 30%. We delivered a respectable return on invested capital of 26% after tax and before special items, impacted by the acquisition of Atos Medical. Reported growth in Danish kroner was 21%. Atos Medical contributed 9 percentage points to the reported growth and delivered double-digit underlying growth.

Before I dive into today's results, I'd

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