Investor Presentaiton
Reported revenue grew 4% in Q3, reflecting solid organic growth of
8% and significant headwind from exchange rates development
Q3 2022/23 Revenue development (DKKm)
450
5,849
+259m DKK
-191
6,108
Reported
revenue Q3
2021/22
Organic growth
(constant
currencies)
Acquired
growth
Currency effect
Reported
revenue Q3
2022/23
Growth
7.7%
0.0%
-3.3%
4.4%
Q3 2022/23 highlights
Organic growth was 8% or DKK 450 million, driven by:
•
•
Continued solid momentum in Chronic Care across regions
China Ostomy Care grew double-digit, due to a lower
baseline and normalized hospital activity and new patients'
inflow
Strong quarter in Continence Care with solid contribution
across product groups, incl. Collecting Devices, following
backorder resolution
Continued solid momentum in Voice and Respiratory Care,
driven by both Laryngectomy and Tracheostomy
Wound Care growth driven by double-digit growth in China,
while growth in Europe was held back by backorders
Continued solid momentum in Interventional Urology with
broad-based growth across geographies and businesses
Foreign exchange rates had a negative impact of DKK 191 million
or -3.3%-points on reported growth, mainly related to the
depreciation of the USD, GBP, and several emerging markets
currencies against DKK
11
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