*Mixed Q1 16* Coloplast released mixed numbers for Q1 16 (ahead of our expectation on the top-line but falling short on the bottom-line). Sales were up 7% (all sales growth numbers in organic terms, unless specified otherwise) to DKK3,656m, against our expectation of DKK3,566m. Forex tailwinds, primarily on account of the strengthening of USD and GBP against the DKK, contributed 4ppts to the top-line, which was up 11% on a reported basis. All segments reported good performances, led by Wound
18 Feb 2016
UK Charter business recovers as currency benefit dissipates
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UK Charter business recovers as currency benefit dissipates
Coloplast A/S Class B (COLO:WBO) | 0 0 1.7% | Mkt Cap: 103,237m
- Published:
18 Feb 2016 -
Author:
Jyoti Prakash -
Pages:
3
*Mixed Q1 16* Coloplast released mixed numbers for Q1 16 (ahead of our expectation on the top-line but falling short on the bottom-line). Sales were up 7% (all sales growth numbers in organic terms, unless specified otherwise) to DKK3,656m, against our expectation of DKK3,566m. Forex tailwinds, primarily on account of the strengthening of USD and GBP against the DKK, contributed 4ppts to the top-line, which was up 11% on a reported basis. All segments reported good performances, led by Wound