Straumann Holding AG : Strong momentum to continue
>Strong finish of an exceptional year - Straumann’s Q4 2021 revenues of CHF 540.1 m (+20.0% y-o-y) were driven by strong organic growth at 21.1%, ahead of our 17.6% and the consensus’ 18.7%. FY EBIT of CHF 543m (+247% y-o-y, margin 26.9%) was in line with expectations. Core EBIT reached CHF 553.3m. The driver of the improved profitability was the gross margin, which reached with 76.2% the highest level since 2016, which we regard as remarkable as many investments over...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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