Coloplast B.V. – Announcement no. 02/2022 – Interim Financial Report, 9M 2021/2022
9M 2021/22
Interim financial results, 9M 2021/22
1 October 2021 – 30 June 2022
Coloplast delivered Q3 organic growth of 8% and an EBIT margin of 30%. Unchanged financial guidance for FY 2021/22, with organic growth at 6-7%, reported growth around 15%, and EBIT margin before special items of around 31%
9M 2021/22 organic growth of 7% and 31% EBIT margin before special items.
FY 2021/22 financial guidance
”I am very pleased with our performance in the third quarter. We deliver 8% organic growth and an EBIT margin of 30% and continue to take market share across all our sales regions and business areas. This means that we continue to help more and more people with intimate healthcare needs live better lives. I would like to highlight our strong performance in Ostomy Care, particularly in Europe and the US, as well as a solid set of growth numbers in Interventional Urology and Voice & Respiratory Care. China continues to negatively impact our growth in both Ostomy Care and Wound Care due to COVID-19 related restrictions. Outside of China, however, the growth in new patients and the level of procedures are largely back to pre-COVID levels,”says President and CEO Kristian Villumsen.
1) DKK 300 million provision for costs related to the US lawsuits alleging injury from the use of transvaginal surgical mesh products, and DKK 135 million related to the Atos Medical acquisition.
2) DKK 300 million provision for costs related to the US lawsuits alleging injury from the use of transvaginal surgical mesh products. Special items related to the Atos Medical acquisition are expected to be around DKK 150 million.
Conference call
Coloplast will host a conference call on Wednesday, 17 August 2022 at 15.00 CEST. The call is expected to last about one hour.
To actively participate in the Q&A session please call +45 3544 5577, +44 3333 000 804 or +1 631 913 1422. The participant PIN code is 90611412#
Access the conference call webcast directly here: https://getvisualtv.net/stream/?coloplast-qwigcwkzzn
For further information, please contact
Investors and analysts
Anders Lonning-Skovgaard
Executive Vice President, CFO
Tel. +45 4911 1111
Aleksandra Dimovska
Director, Investor Relations
Tel. +45 4911 1800 /+45 4911 2458
Email: dkadim@coloplast.com
Kristine Husted Munk
Senior Manager, Investor Relations
Tel. +45 4911 1800 /+45 4911 3266
Email: dkkhu@coloplast.com
Press and media
Peter Mønster
Sr. Media Relations Manager
Tel. +45 4911 2623
Email: dkpete@coloplast.com
Address
Coloplast A/S
Holtedam 1
DK-3050 Humlebaek
Denmark
Company reg. (CVR) no. 69749917
Website
www.coloplast.com
This announcement is available in a Danish and an English-language version. In the event of discrepancies, the Danish version shall prevail.
Coloplast develops products and services that make life easier for people with very personal and private medical conditions. Working closely with the people who use our products, we create solutions that are sensitive to their special needs. We call this intimate health care. Our business includes Ostomy Care, Continence Care, Wound & Skin Care, Interventional Urology and Voice & Respiratory Care. We operate globally and employ about 14,000 employees.
The Coloplast logo is a registered trademark of Coloplast A/S. © 2022-08.
All rights reserved Coloplast A/S, 3050 Humlebaek, Denmark.
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