As part of the Capital Markets Day 2020,
Strive25 long-term financial guidance
- Organic revenue growth of 7-9% p.a.
- EBIT margin of more than 30%1
- CAPEX ratio of 4-6% of revenue
- Tax rate of ~23%2
The company’s capital allocation policy to pay out excess cash through dividends is unchanged.
Strive25 long-term non-financial ambitions
Reducing emissions
- 0 scope 1+2 emissions through 100% renewable energy
- In 18/19, 7% of Coloplast’s total emissions was scope 1+2 emissions (equivalent to 11,300 tonnes) and 67% of energy was renewable
Improving products & packaging
- 80% of packaging made from renewable materials (In 18/19, 70% of packaging was made from renewable materials)
- 50% of production waste is recycled (In 18/19, 32% of production was recycled)
To deliver on the company’s sustainability ambitions, up to
Financial guidance 2019/20
The financial guidance for 2019/20 is unchanged at an organic revenue growth of around 4% at constant exchange rates and a reported growth in DKK of 3-4%. The EBIT margin is expected to be around 31% at constant exchange rates and in reported terms in DKK.
2019/20 has seen a negative impact on the company’s financial performance from COVID-19. Throughout the pandemic,
Virtual Capital Markets Day
At the Capital Markets Day, the following representatives from
Camilla G. Møhl - Senior Vice President, People & Culture
The presentations from the event will be available on the CMD site at the start of each individual presentation. A recorded webcast of each presentation from the event will also be available on our website within one hour after the presentation. The presentations for the break-out sessions on
EVP & CFO
For more information, please contact:
Investors and analysts
Executive Vice President, CFO
Tel. +45 4911 1111
Ellen Bjurgert
Vice President, Investor Relations
Tel. +45 4911 1800 / 4911 3376
E-mail dkebj@coloplast.com
Senior Manager, Investor Relations
Tel. +45 4911 1800 / 4911 1786
E-mail dkraso@coloplast.com
Press and the media
Lina Danstrup
Senior Media Relations Manager, Corporate Communications
Tel. +45 4911 2607
E-mail dklina@coloplast.com
Website
www.coloplast.com
Address
Holtedam 1
DK-3050 Humlebæk
Business reg. (CVR) no. 69749917
This announcement is available in a Danish and an English-language version. In the event of discrepancies, the Danish version shall prevail.
The
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Attachment
- 09_2020_Coloplast launches new 5 year strategy and provides long-term financial guidance
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