Henry Schein hails better-than-expected Q2 results

Henry Schein has published its financial breakdown for the second quarter of 2010, during which it achieved record results.

The healthcare company’s net sales for the quarter grew by 15.1 per cent year-on-year to $1.8 billion (1.1 billion pounds), while income and earnings also saw double-digit percentage increases.

Dental sales during the quarter also reflected continuing growth in a number of global territories, with the UK cited as a particularly strong performer.

As a result of this, Henry Schein has increased the low end of its annual guidance range in terms of earnings per share, despite the continued difficulty of the overall financial climate.

Stanley Bergman, chairman and chief executive officer of Henry Schein, said: “We are reporting strong top-line growth in local currencies for the quarter and we continue to see indications of positive market trends throughout our global business.”

Last month, Henry Schein allied with Sirona Dental Systems to make a contribution of oral care equipment for the charity-funded Diospi Suyana Hospital Dental Clinic in Peru.