Coloplast has a cost problem, says EVP of global operations

Increasing energy prices, wage inflation in Hungary, sky-high freight rates, and unchecked raw material expenses are costing Coloplast dearly. Now, the company’s head of global operations acknowledges he should have laid better plans.

Allan Rasmussen, executive vice president for global operations at Coloplast | Photo: Mik Eskestad/Jyllands-Posten/Ritzau Scanpix

Rarely, if ever, have costs been as high as their current levels at medtech firm Coloplast, which is facing an energy price headwind so great that the company expects it to eat up 1 percentage point of its growth in 2022/2023, Danish business daily Børsen reports.

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