Report
Oliver Metzger

Straumann Holding AG : Q1 review – Strong organic growth driven by China –weaker qualitative mix

>Q1 2024 review – Beat but only driven by China - Straumann’s Q1 2024 revenues of CHF 644m (+8.1% y-o-y) were 1% ahead of our and 4% ahead of the consensus’ expectations. Organic growth came in at a strong 15.1%, 2 percentage points ahead of our 13.5% and of the consensus’ 13.3%. External growth contributed by 140bp; forex effects created a headwind of 840bp. From a regional perspective, Europe achieved 5.2% organic growth and was 0%/-2% vs ODDO BHF/consensus, North A...
Underlying
STRAUMANN HOLDING AG

Provider
Oddo BHF
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.

Analysts
Oliver Metzger

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