Henry Schein achieves record results for 2017

Henry Schein has revealed record results for the full year in its financial report for 2017.

The fourth quarter and full-year returns revealed net sales of $3.3 billion (GBP 2.4 billion) for the quarter, up 6.3 percent on the same period in 2016. Over the full year, the company's pre-tax revenue totalled $12.5 billion, 7.7 percent up year-on-year. 

Sales were up across the full range of different sectors. Animal health product sales rose by 6.2 percent, medical sales increased in value by 2.6 percent and dental sales were up 1.9 percent.

Chairman of the board and chief executive officer Stanley Bergman attributed the improved results to the firm's "high-touch, value-added solutions business model."

"We satisfy practice needs through technology as well as our consultative approach so our customers can focus on patient care. Our competitive position is built upon education, service and support, software and innovation, and strong, long-term customer relationships," he noted. 

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