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The Cooper Companies (COO) investor relations material
The Cooper Companies 44th Annual J.P. Morgan Healthcare Conference summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Business overview and market position
Operates globally in vision care and women's health, with products in over 130 countries and 15,000+ employees.
Two main units: global leader in contact lenses and a top fertility/women’s healthcare business.
Contact lens division leads in global wearers and is second in revenue; fertility business is a non-pharma device leader.
Over 50 million users globally, with 42 million annual contact lens wearers.
Contact lens business generates about two-thirds of total revenue, with strong geographic diversification.
Financial performance and guidance
FY25 revenue reached $4.1B; FY26 guidance: $4.299–$4.338B (4.5–5.5% organic growth); Q1 2026: $1.019–$1.030B.
10-year revenue CAGR: 8.6% overall, 16% for fertility, 6–6.3% for contact lenses.
Double-digit EPS growth targeted, with non-GAAP EPS of $4.45–$4.60 for the year.
Free cash flow projected at $575–$625 million, with a multi-year target of $2.2 billion+.
Share buybacks prioritized, with a $2 billion repurchase plan and ~2/3 of FY26 FCF allocated to buybacks.
Strategic priorities and operational changes
Focus on organic growth, product innovation, and disciplined capital allocation.
Completed major ERP upgrades and consolidated back office operations for cost synergies.
AI and digital tools are being leveraged for inventory and operational efficiency.
Headcount will remain flat, with ongoing efficiency initiatives.
Fostering a strong culture and long-term value creation.
- TimeTickerHeadlineOpen
- 6 FebCRI
Q1 2025 saw record revenue, a return to profit, and strategic spin-offs for future growth. - 6 FebCRI
H1 2025 saw a return to profit, record revenues, and strong cash from major space projects. - 6 FebSCW
Q2 2025 revenue up 120% y/y, driven by record Asian contract and backlog growth. - 6 FebSCW
Revenue up 89% y/y, record backlog, and new strategy for European optical payload leadership. - 6 FebSCW
Q2 2024 revenue up 115% y/y, backlog nearly doubled, driven by major space contracts. - 6 FebSCW
Space segment drives 29% revenue growth, strong backlog and contracts support 2025 outlook. - 6 FebSCW
73% revenue growth, record backlog, and major space contracts drive expansion and investment. - 6 FebPENG
All proposals passed, with no questions raised and results to be filed on Form 8-K. - 6 FebSCW
Q1 2025 revenue surged 97% year-over-year, with strong backlog and new contracts secured. - 6 FebCRI
Revenue up sharply, net loss reduced, and strong cash inflow from share issue and contracts.
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