Report
Straumann Holding AG : 2023 review – Strong organic growth pushed forward by China
>Q4 revenues in line, strong organic growth but only due to China - Straumann’s Q4 2023 revenues came to CHF 624m (+5.4% y-o-y), in line with our and the consensus’ expectations. Organic growth was 13.2%, vs our forecast of 11.5% and the consensus of 11.6%. External growth contributed by 70bp, while forex effects created a headwind of 840bp.From a regional perspective, organic growth was strongly pushed forward by APAC with 40.5% driven by a low comparable base d...
Underlying
STRAUMANN HOLDING AG
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Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Oliver Metzger
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