Dentsply maintains growth during second quarter of 2014

Dentsply has announced its financial results for the second quarter of 2014, during which it generated a net sales total of $765 million (454.44 million pounds).

This represents a 0.6 percent increase year on year, with the growth rate rising to 2.1 percent when excluding precious metals content. Meanwhile, adjusted earnings per diluted share grew five percent to a record $0.69.

During the three months, the firm was able to maintain its progress towards its financial targets for the year, despite a slowdown in market conditions in both North America and Europe.

As such, the company confirmed its outlook for the full year of adjusted earnings per diluted share of between $2.47 to $2.55.

Bret Wise, chairman and chief executive officer of Dentsply, said: "We are pleased with our first-half earnings performance and remain focused on our growth and efficiency initiatives designed to improve long-term earnings potential."

This comes in the same week that the company declared a quarterly cash dividend of $0.06625 per share of common stock, payable on October 10th 2014.