Dentsply International announced record sales and earnings for its third fiscal quarter of 2013.
For the period (end-September 30), net sales in the third quarter of 2013 grew 1.2% to $704 million, compared with $695.7 million in the third quarter of 2012.
Net income for the third quarter increased to $79.9 million, compared with $53.4 million in the same period a year ago.
Constant currency net sales growth, excluding precious metals content, in the third quarter was 2.7%, reflecting strong internal growth in the U.S. and other geographic regions, as well as continued slightly positive internal growth in Europe, according to Dentsply.
The company achieved growth in each major geographic region and in each of its principal product categories, noted Bret Wise, chairman and CEO. This growth, combined with strong improvement in adjusted operating margins and lower interest costs, drove record earnings for the third quarter.
