coloplast-b (COLOB:Copenhagen)
coloplast-b (COLOB) Snapshot
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Open
kr328.70
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Previous Close
kr328.70
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Day High
kr333.70
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Day Low
kr327.50
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52 Week High
05/13/13 - kr334.50
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52 Week Low
06/6/12 - kr195.22
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Market Cap
68.5B
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Average Volume 10 Days
501.5K
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EPS TTM
kr11.63
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Shares Outstanding
202.0M
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EX-Date
05/6/13
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P/E TM
28.6x
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Dividend
kr4.00
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Dividend Yield
2.10%
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Coloplast A/S engages in the development and marketing of intimate healthcare products and services in Europe, the Americas, and internationally. The company researches, develops, and produces ostomy care products for people with a stoma. Its ostomy care products include colostomy, ileostomy, and urostomy bags, as well as appliances for post-operative care under the SenSura brand; and SenSura Mio, a colostomy product with elastic adhesive that fits individual body shapes, as well as ostomy accessories under the Brava brand. The company provides urology care products for people suffering from diseases and symptoms of the urinary system and in the male reproductive system, such as urinary incontinence, kidney stones, enlarged prostate, impotence, and pelvic floor prolapse. It also offers disposable surgical devices, such as prostate catheters and stents used for urological and gynaecological applications before, during, and after surgery under the Porgès brand; vaginal slings to restore continence; synthetic mesh products to treat weak pelvic floor; and penile implants for men. In addition, the company provides continence care products comprising SpeediCath catheters that offer catherisation for both genders; and Peristeen, an anal irrigation system for controlled emptying of the bowel. Further, it offers a range of dressings under the Biatain brand and hydrocolloid dressing under the Comfeel brand, as well as skin care products consisting of disinfectant liquids or creams used to protect and treat the skin and to clean wounds. The company is involved in the treatment and prevention of skin fold problems, such as fungal infections, damaged skin or odour nuisance, as well as production of Interdry AG, a textile placed in a skin fold to absorb moisture. Coloplast sells skin care products to hospitals and clinics in the United States. The company was founded in 1954 and is based in Humlebaek, Denmark.
coloplast-b (COLOB) Top Compensated Officers
coloplast-b (COLOB) Key Developments
Coloplast A/S reported unaudited consolidated earnings results for the second quarter and six months ended March 31, 2013. For the quarter, the company reported revenue of DKK 2,842 million compared to DKK 2,692 million a year ago. Operating profit before interest, tax, depreciation and amortisation (EBITDA) was DKK 993 million compared to DKK 898 million a year ago. Operating profit (EBIT) was DKK 859 million compared to DKK 770 million a year ago. Profit before tax was DKK 855 million compared to DKK 690 million a year ago. Profit for the period was DKK 635 million compared to DKK 514 million a year ago. Cash flow from operating activities was DKK 591 million compared to DKK 578 million a year ago. Investments in property, plant and equipment, gross were DKK 83 million compared to DKK 73 million a year ago. Return on equity was 41% compared to 44% a year ago. Free cash flow was DKK 487 million compared to DKK 506 million a year ago. Earnings per Share (EPS), diluted were DKK 2.95 compared to DKK 2.40 a year ago. For the six months period, the company reported revenue of DKK 5,707 million compared to DKK 5,346 million a year ago. Operating profit before interest, tax, depreciation and amortisation (EBITDA) was DKK 2,012 million compared to DKK 1,715 million a year ago. Operating profit (EBIT) was DKK 1,756 million compared to DKK 1,463 million a year ago. Profit before tax was DKK 1,687 million compared to DKK 1,340 million a year ago. Profit for the period was DKK 1,252 million compared to DKK 998 million a year ago. Cash flow from operating activities was DKK 1,059 million compared to DKK 801 million a year ago. Investments in property, plant and equipment, gross were DKK 170 million compared to DKK 137 million a year ago. Return on equity was 40% compared to 42% a year ago. Free cash flow was DKK 872 million compared to DKK 668 million a year ago. Earnings per Share (EPS), diluted were DKK 5.83 compared to DKK 4.68 a year ago. CapEx amounted to DKK 183 million for the first half of fiscal 2013. The company provided earnings guidance for the fiscal year 2013. For 2013, the company’s organic revenue growth of 6% to 7% and growth of 5% to 6% in DKK. Expects EBIT margin of 31% to 32%, both at constant exchange rates and in DKK. Capital expenditure is expected to be around DKK 400 million. The effective tax rate is expected to be 25% to 26%.
Coloplast A/S resolved to exercise the authorisation, provided by the shareholders at the annual general meeting held on December 11, 2012, to pay extraordinary dividends. The company will pay DKK 3 per share for a total dividend payout of DKK 634 million. The dividend will be paid on the basis of share-holdings registered in shareholders custody accounts on May 8, 2013, which means that transactions made up to May 3, 2013 inclusive will be eligible for dividends. Dividends will be at shareholders disposal on May 13, 2013.
Coloplast A/S Presents at UBS Global Healthcare Conference, May-21-2013 10:00 AM. Venue: Sheraton New York Hotel, 811 Seventh Avenue, New York, New York, United States. Speakers: Lars Rasmussen, Chief Executive Officer and President.
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Industry Analysis
COLOB
Industry Average
| Valuation | COLOB | Industry Range |
| Price/Earnings | 28.4x |
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| Price/Sales | 6.1x |
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| Price/Book | 10.9x |
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| Price/Cash Flow | 27.1x |
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| TEV/Sales | 5.5x |
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