Report
Oliver Metzger

Coloplast : Q3 review – solid top line, miss on bottom line, guidance reiterated

>Q3 review - solid top line, miss on the bottom line - Coloplast’s Q3 2022-23 revenues of DKK 6,108 (+4.4% y-o-y) were -2%/-1% vs ODDO BHF/ consensus driven by organic growth of 8% (7.7%/8.1% ODDO BHF/consensus). Forex created a headwind of 400bp. The company achieved an EBIT of DKK 1,714m (-1.6% y-o-y, margin 28.1%), which was -5%/-2% vs expectations. Profitability was impacted by a lower gross margin hit by inflation of energy and transportation. EPS of DKK 5.98 was...
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
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Oliver Metzger

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