Coloplast A/S - Announcement no. 02/2024 - Interim Financial Report, H1 2023/24 [Yahoo! Finance]
COLOPLAST AS SP/ADR (CLPBY)
NASDAQ:AMEX Investor Relations:
coloplast.com/investor-relations
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Source: Yahoo! Finance
Coloplast delivered a solid Q2 with 8% organic growth and an EBIT margin of 27%. Reported revenue in DKK grew 9% with 4%-points contribution from Kerecis (underlying growth of around 35%), partly offset by currencies. Organic growth rates by business area: Ostomy Care 7%, Continence Care 8%, Voice and Respiratory Care 13%, Advanced Wound Care 8% (Advanced Wound Dressings 8%) and Interventional Urology 5%. Continued good momentum in Chronic Care. Ostomy Care growth was driven by broad-based contribution from Emerging markets and Europe, compensating for lower growth in the US which was held back by order phasing and now expected to be H2 weighted. Continence Care growth was driven by intermittent catheters, including good contribution from Luja TM Voice and Respiratory Care had a strong Q2, driven by double-digit growth in both laryngectomy and tracheostomy. Growth in Advanced Wound Dressings was broad-based across regions, driven by the Biatain® Silicone portfolio. Continue
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News
- Coloplast A/S - Invitation to Coloplast's Meet the Management event on 6 June 2024 (gentle reminder) [Yahoo! Finance]Yahoo! Finance
- Kerecis to Present Scientific and Clinical Updates on Fish-Skin Grafts at the Symposium on Advanced Wound Care Spring [Yahoo! Finance]Yahoo! Finance
- Coloplast expands its Luja™ portfolio with next generation catheter for women [Yahoo! Finance]Yahoo! Finance
- Coloplast strengthens ostomy care portfolio with three significant product launches [Yahoo! Finance]Yahoo! Finance
- Fertram Sigurjonsson, Founder and CEO of Medical-Fish-Skin Company Kerecis, Receives the EWMA President's Wound Care Entrepreneur of the Year Award [Yahoo! Finance]Yahoo! Finance