Report
Debbie Wang
EUR 101.80 For Business Accounts Only

Coloplast Delivers Solid 3Q, and Our FVE Is Unchanged

Coloplast reported fiscal third-quarter results that generally fit with our expectations, and we’re holding steady on our fair value estimate. The firm continued to outpace market growth, with quarterly revenue up 8% constant currency, fueled by strength in ostomy, continence care, and urology. While there were some small issues that led Coloplast to slightly decrease its outlook for reported growth for the full year, this doesn’t change our projections. Management’s new tempered guidance for 6%...
Underlying
Coloplast A/S Class B

Coloplast is a supplier of intimate healthcare products and services. Co. develops and markets products that support people with diseases of a private nature. Co. operates in three business areas: Ostomy care, products for people whose intestinal outlet has been rerouted through the abdominal wall; Urology and continence care products, for people suffering from diseases of the kidneys, the urinary system and the male reproductive system; Dressings, for the treatment of chronic wounds and skin care products for prevention and treatment. Co. markets and sells its products and services globally. Co. supplies products to hospitals, institutions as well as wholesalers and retailers.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Debbie Wang

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