Q1 2020 Coloplast A/S Earnings Call Transcript

Feb 06, 2020 / 02:00PM GMT

Release Date Price: $130

Transcript

Operator

Ladies and gentlemen, thank you for standing by, and welcome to the interim financial statements for Q1 2019 to 2020. (Operator Instructions) I must advise you all that the call is being recorded today, Thursday, the 6th of February 2020. And I shall now hand over to your speaker for today, Kristian Villumsen, CEO of Coloplast.

Kristian Villumsen;S;President;CEO

Coloplast A

/-&

Thank you, operator. Good afternoon, and welcome to our Q1 '19-'20 conference call. I'm Kristian Villumsen, CEO of Coloplast; and I'm joined by our CFO, Anders Lonning-Skovgaard; and our Investor Relations team.

We work with a short presentation by Anders and myself, like we usually do and then open up for questions.

Please turn to Slide #3. Coloplast started the year with another strong quarter, delivering 8% organic growth, a 13% increase in EBIT and a return on invested capital of 47%.

A few highlights from the first quarter include a solid start to the year in emerging markets driven by Ostomy Care and a

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