Outlook 2018

Barring unforeseen circumstances

The Group expects the global dental implant market to grow at about 4-5% and is confident that it can continue to outperform and gain further market share. Based on the performance in the first-nine-months, it is raising its expectations for full-year organic revenue growth from the mid-teen percentage range to the high-teens. Assuming fairly stable currency exchange rates, the expected organic revenue growth and operational leverage should lead to further improvements in the EBITDA margin, in spite of further investments in Sales & Marketing, Research & Development and logistics. With the continued high level of investment in production capacity and the amortization of acquisition-related intangibles, the Group expects EBIT margin2 to remain stable. 

2 Excluding exceptional effects from Batigroup acquisition