Analyst suggests Coloplast could utilize currency fluctuations in potential upgrade

Favorable currency conditions may mean that any financial guidance upgrade announced in Coloplast’s Q1 report could be measured in Danish kroner, a Sydbank analyst concludes.

Photo: Coloplast / PR

An improvement in market conditions due to higher levels of hospital activity could impact the first quarter of Coloplast’s financial year of 2021/22, though difficult grounds for comparison may muddy growth figures.

A favorable wind for the Danish krone means that any financial guidance upgrade may be measured in this currency, concludes Søren Løntoft Hansen, senior analyst at Sydbank.

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