Investor Presentaiton
H1 reported growth was up 14%, with ~6%-points impact from the
Atos Medical acquisition and limited contribution from currencies
H1 2022/23 Revenue development (DKKm)
1,495m DKK
633
57
12,166
804
10,671
Reported
Organic growth
revenue
H1 21/22
(constant
currencies)
Acquired
growth
Currency effect
Reported
revenue
H1 22/23
Growth
7.5%
5.9%
0.5%
14.0%
•
H1 2022/23 highlights
Organic growth was 8% or DKK 804 million, driven by:
•
•
•
•
Solid growth in Chronic Care across regions, ex. China
China detracted from growth in Ostomy Care, as expected,
negatively impacted by COVID-19
Continence Care growth was driven by solid performance of
the Intermittent Catheters portfolio, partly offset by Collecting
Devices which detracted from growth due to backorders
Solid performance in Voice & Respiratory Care, with
contributions from both Laryngectomy and Tracheostomy
Wound Care performance driven by good momentum in
Europe, partly offset by negative impact from backorders
Strong momentum in Interventional Urology with broad-
based growth, led by the US Men's Health business
Acquired revenue contributed 6%-points to reported growth or DKK
633 million, reflecting 4 months impact from Atos Medical
Foreign exchange rates had limited impact on reported growth
(positive impact of around 50 bps), mainly related to appreciation of
the USD against the DKK
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