May 06, 2021 / 01:00PM GMT
Operator
Welcome to the Coloplast Q2 Conference Call. (Operator Instructions) Please note, this call is being recorded. I'll now hand the floor to our speakers in your meeting.
Kristian Villumsen - Coloplast A/S-President&CEO
Good afternoon, and welcome to our first half 2021 conference call. My name is Kristian Villumsen, CEO of Coloplast, and I'm joined by our CFO, Anders Lonning-Skovgaard and our Investor Relations team. We'll start with a short presentation by Anders and myself, like we usually do, and then we'll open up for questions.
Please turn to Slide #3. After an encouraging start to the year in Q1, we had expected a weaker second quarter due to a large stocking impact in our baseline and the continued negative impact of COVID-19 on our European Chronic Care business. We delivered 2% organic growth, a 33% EBIT margin before special items and a return on invested capital before special items of 42%. Adjusted for the DKK 150 million stocking effect in Q2 of last year, organic growth was around 5% for
Q2 2021 Coloplast A/S Earnings Call Transcript
Feb 13, 2024
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