Coloplast AS (OTCPK:CLPBF)

$ 132.475 0 (0%) Market Cap: 29.20 Bil Enterprise Value: 32.33 Bil PE Ratio: 40.31 PB Ratio: 11.67 GF Score: 94/100

Q3 2019 Coloplast A/S Earnings Call Transcript

Aug 14, 2019 / 01:00PM GMT

Release Date Price: $117.55

Transcript

Operator

Ladies and gentlemen, thank you for standing by. Welcome to today's interim financial statements for 9 months 2018-2019 conference call. (Operator Instructions) I must advise you this conference is being recorded today, Wednesday, the 14th of August 2019. I would now like to turn the conference over to your first speaker today, Kristian Villumsen. Thank you, and please go ahead, sir.

Kristian Villumsen;S;President;CEO

Coloplast A

/-&

Good afternoon, and welcome to our third quarter call of 2018-'19. My name is Kristian Villumsen. I'm the CEO of Coloplast. I'm joined here by our CFO, Anders Lonning-Skovgaard; and our Investor Relations team. The agenda is: I'll take you through the business highlights; Anders will take you through the financial items and outlook; and then Anders and I will take the questions you might have.

Please turn to Slide 3. I'm very pleased with today's results. We delivered another quarter with 8% organic growth in a market that's growing 4% to 5%. EBIT grew 13% in the third

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