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Ivoclar Vivadent posts ‘satisfactory’ 2009 results
Ivoclar Vivadent has expressed satisfaction with its financial performance during 2009, despite the impact of the global recession on its business.
According to the company’s annual report, the its total sales declined by 4.6 per cent in 2009 compared to the previous year, coming to a total of 601 million Swiss francs (363.7 million pounds).
The company attributed this to an overall decline in global dental market performance, while highlighting the firm’s ability to achieve growth in certain product areas, such as ceramics and adhesives.
Robert Ganley, chief executive officer of Ivoclar Vivadent, stated that the firm’s 2009 performance has given it a cautious but optimistic outlook for 2010.
He added: “The dental market will slowly recover but will also change in some ways. We believe that we are strongly positioned to meet the needs of the restorative materials market in 2010 and beyond.”
Last month, the company launched its new Telio range of products, which is designed to provide a comprehensive system for temporary restorations.
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