Straumann Holding AG : Strong finish to an exceptional year
>Good finish to a strong year - Straumann’s Q4 2021 revenues of CHF 540.1 m (+20.0% y-o-y) were 2%/1% ahead of our and the consensus’ expectations. Organic growth was at 21.1%, which compares with our 17.6% and the consensus’ 18.7%. The forex environment created headwind of 120bp. From a regional perspective, Europe achieved 26% organic growth, North America 15% and Asia/Pacific 17%, while the highest momentum was achieved in Latin America at 30%. Growt...Straumann is engaged in tooth replacement solutions that include dental implants, prosthetics and regenerative products. Co. develops, manufactures and supplies dental implants, instruments, computer-aided design/computer-aided manufacturing prosthetics and tissue regeneration products for use in tooth replacement and restoration solutions or to prevent tooth loss. Co. provides a range of services to dental practitioners, clinics and laboratories. Through a collaboration with its academic partner the International Team for Implantology ( ITI), Co. supports research and offers training and education to dental professionals worldwide.
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.
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