Q3 2022 Coloplast A/S Earnings Call Transcript

Aug 17, 2022 / 01:00PM GMT
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 - Coloplast A/S-President&CEO

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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