ZURICH Feb 25 Straumann Holding Ltd,
the world's largest maker of dental implants, forecast
low-single digit sales growth this year and said it will
continue to expand in the value segment as it reported full-year
earnings that met expectations.
Excluding the impact of currencies, net sales rose 0.4
percent to 680 million Swiss francs ($764.3 million), generating
a net profit of 101 million francs compared to 37.5 million
francs a year ago.
Analysts polled by Reuters had forecast net sales of 678
million and profit of 100 million.
Last week, local rival Nobel Biocare Holding AG
said it expects sales growth of around 3 to 4 percent this year
and to improve its earnings before interest and tax (EBIT)
margin by about 1 percentage point.
($1 = 0.8897 Swiss francs)
(Reporting by Caroline Copley; Editing by Matt Driskill)