(Recasts with special dividend)
* Coloplast Q2 EBIT 859 mln DKK vs avg forecast 882 mln
* Keeps full year outlook unchanged
* Says to pay extraordinary dividend
* Shares rise 4.7 percent
COPENHAGEN, April 30 Shares in Danish healthcare
product maker Coloplast jumped almost 5 percent on
Tuesday after it announced a one-off dividend, rewarding
shareholders after quarterly earnings grew in all of its
Coloplast, which makes products ranging from urine bags to
wound dressings, reported a smaller than expected 12 percent
increase in second-quarter profit but stood by its full-year
The company said it would pay out a special dividend of 634
million Danish crowns ($111.38 million).
Its shares were up 4.7 percent at 1001 GMT, outperforming a
0.3 percent rise in the Copenhagen stock exchange's benchmark
Earnings before interest and tax (EBIT) rose to 859 million
Danish crowns ($151 million), below the average forecast of 882
million in a Reuters poll of analysts, as research and
development costs grew 26 percent.
Revenue rose 6 percent to 2.84 billion crowns, in line with
forecasts and aided by rising sales in its four business areas,
including Wound and Skin Care, which had fared worse than others
in the past. Sales in emerging markets helped drive the growth.
"It is a strong result ... aided especially by 7 percent
organic revenue growth in Wound and Skin Care," said Sydbank
analyst Soren Hansen.
Coloplast said it still expected an operating margin - a
measure of profitability - of between 31 and 32 percent in the
2012/13 financial year, at constant exchange rates and in Danish
crowns. The margin was 30 percent in the second quarter.
It kept its forecast of organic revenue growth unchanged at
The company's financial year begins in October.
($1 = 5.6921 Danish crowns)
(Reporting by Mette Fraende; Editing by Tom Pfeiffer)