Editor’s pickIvoclar Vivadent: Growth in Local Currencies
Ivoclar Vivadent has completed the 2015 business year with global sales revenues of CHF 759 million. In local currency terms, the growth rate was 5.9 per cent over the previous year. Expressed in Swiss francs, however, sales revenues were 0.3 per cent below the previous year due to the strong appreciation of the Swiss currency.
The business year has been characterised by vigorous growth in local currency terms in all global regions. In North America, Ivoclar Vivadent achieved an increase in sales of 6 per cent while in Europe, the company grew by 3.9 per cent. Ivoclar Vivadent also recorded significant sales increases in the growth markets: Asia/Pacific (+7.5 per cent), Latin America (+8.8 per cent), Orient and Africa (+14.9 per cent). In Swiss francs, the company’s revenue fell slightly by CHF 2 million to CHF 759 million. “We look back on a very successful year. In local currencies, we grew in all global markets and in all key product groups. This was beneficial to offset the strength of the Swiss Franc,” said CEO Mr. Robert Ganley, commenting on the business results.
All-ceramics continue to grow
Like in previous years, all-ceramics were again among the strongest performers in 2015, increasing by 12.2 per cent in local currency terms. Pleasing growth rates were also recorded for the company’s luting materials (+21.6 per cent), restorative materials (+5.6 per cent) and Wieland CAD/CAM (+16.8 per cent).
Slight increase in staff
At the end of December 2015, Ivoclar Vivadent employed about 3,300 people full-time, increasing its worforce by about a hundred employees over the previous year.
2016: Focus on digital technologies
In 2016, Ivoclar Vivadent will focus on the development of new materials and processes in digital technologies and restorative systems and on promoting high-quality dental care. “The combination of improved productivity through digital technology and aesthetic, quality restorative materials continues to be our direction,” said Mr. Ganley.
High investment volume
For the current year, Ivoclar Vivadent is planning investments of around CHF 70 million. About one third of the funds are earmarked for constructional measures at the location in Schaan.