Dentsply continues growth during third quarter of 2014

Dentsply has announced its financial results for the third quarter of 2014, during which it generated a net sales total of $708 million (445.74 million pounds).

This represented a year-on-year increase of 0.6 percent, while its adjusted earnings per diluted share grew nine percent to $0.62, representing a new third-quarter record for the company.

Thanks in part to global market conditions that were generally stable, the firm's adjusted operating margin expanded 80 basis points to 18.7 percent, while its operating cash flow increased 17 percent to $148 million.

In the coming months, Dentsply hopes to enhance its global cost structure and redirect resources to the areas of greatest growth potential. Its adjusted earnings per diluted share are now expected to be in the range of $2.49 to $2.53.

Bret Wise, chairman and chief executive officer of Dentsply, said: "Looking ahead, we see further opportunity to drive more efficient cash generation as we execute our plan to expand margins while also improving return on invested capital."

The company employs more than 2,800 people worldwide and does business in over 120 countries.