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Dentsply reports record-breaking Q1 2012 performance
Dentsply has announced a record-breaking performance in terms of sales and earnings during the first quarter of the year.
The dental technology firm saw a 25.6 percent year-on-year increase in net sales for Q1 2012, achieving a total of $716.4 million (442.4 million pounds), while earnings per diluted share reached $0.52 on an adjusted basis.
During the quarter, the company was able to record sequential improvements for its orthodontics business despite supply constraints, while major progress was made on the integration of the recently acquired Astra Tech Dental.
Most prominently, this included the launch of Dentsply Implants, a new international organisation combining the capabilities of Dentsply Friadent and Astra Tech Dental.
The company expects further growth over the remainder of the year thanks to improving conditions in the global dental market.
Bret Wise, chairman and chief executive officer of Dentsply, said: "We are pleased to report a strong start to fiscal 2012. Our new product portfolio continues to drive above-market base business growth in many sectors of dentistry."
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