Prior Fiscal: $3.99 Billion
Percentage Change: +1.5%
No. of Employees: 15,200
Global Headquarters: Charlotte, N.C.
Donald M. Casey Jr., CEO
Jorge Gomez, Exec. VP and CFO
Bill Newell, Chief Segment Officer
Gene Dorff, Group VP, Implants
Michael Geil, Group VP, Equipment and Instruments
Tom Leonardi, Group VP, Consumables
Dr. Alexander Völcker, Group VP, CAD/CAM and Orthodontics
Dental equipment supply company Dentsply Sirona had been based in York, Pa., for over a century. But last May the firm declared that Ballantyne Corporate Place in Charlotte, N.C., would become the home for its new commercial hub—including an office, warehouse, and Dentsply Sirona Academy.
The move is part of the company’s plan to centralize sales and service infrastructure in Charlotte, as well as simplify the organization and enhance clinical education capabilities, according to a company press release. Nicholas Alexos resigned as CFO in connection with the relocation, prompting rumors that an influence on jobs in the York location might occur. (Jorge M. Gomez, previously CFO of Cardinal Health’s medical and pharmaceutical segments, replaced Alexos as CFO in July.)
“York will remain an important hub and production facility for Dentsply Sirona,” Mag. Marion Par-Weixlberger, a company spokesperson, told York Daily Record. “We do not anticipate a major influence on jobs in York.”
“York always has been and will continue to be an important location for our company in the future,” Par-Weixlberger continued. “We have more than 900 employees working for Dentsply Sirona in the York area and their contributions are important to the success of our company.”
The dental and orthodontic equipment giant posted a minimal (1.5 percent increase) revenue change in fiscal 2019, just topping $4 billion. Driving the slight growth was a strong performance in Digital Dentistry and a positive performance in Equipment & Instruments and Healthcare. These rises were tempered by lower Consumables sales. Technologies & Equipment sales totaled $2.3 billion last year, growing 5.3 percent from the prior year. The Digital Dentistry business’ success was mainly provoked by new product sales in the CAD/CAM business. Consumables posted $1.7 billion in sales, dropping 4 percent. A 3 percent unfavorable currency impact due to the strengthening U.S. dollar, along with declining Laboratory and Endodontic segment sales, overshadowed growth in the Restorative business.
U.S. sales rose 7.7 percent to reach $1.3 billion due to strong Technologies & Equipment performance. European revenue sank 3.1 percent to $1.6 billion, mainly due to 5.3 percent unfavorable currency impact despite higher Technologies & Equipment sales in the region. Rest of World proceeds remained flat at $1 billion, again resulting from an unfavorable currency impact.
Cooperation between Dentsply Sirona and CAD/CAM software manufacturer exocad beginning last February promoted digital workflow in the practice and laboratory. International customers of both companies now have access to direct transmission of digital impressions from Dentsply Sirona’s intraoral scanner to exocad labs. Both companies also aligned elementary interfaces between inLab hardware and exocad software. Dentsply Sirona tooth lines and material-specific parameters in exocad’s DentalCAD software were also implemented.
Dentsply Sirona introduced the Primescan intraoral scanner last February. It scans surfaces of the teeth with high-resolution sensors and shortwave light, capturing up to 1 million 3D points a second. A full jaw impression is complete in two or three minutes. Areas up to 20-mm deep can be scanned for digital impressions or subgingival or deep preparations. The digital 3D model can be transmitted to a lab via the company’s Connect software and further processed with different software for orthodontic or implant treatment planning. Cloud-based SureSmile Aligner software was released alongside Primescan so practitioners can make changes to the plan and adapt systems to individual patients’ needs.
March saw the release of the Orthophos series X-ray units: Orthophos E, Orthophos S and Orthophos SL. Orthophos E provides 2D images and has an optional cephalometric arm, making it suitable for orthodontics. Orthophos S can be used as a 2D device or as a combined 2D/3D device. An auto-focus function enhances contrast in panoramic images, and doesn’t require manual selection for the shape of the jaw arch or existence of tooth anomalies. Orthophos SL contains a direct conversion sensor and sharp layer technology for an “all-around package” for digital imaging. There are comprehensive 2D programs or a number of volume sizes depending on the clinical problem. Metal artifact reduction software also automatically detects metals in every volume and reduces artifacts.
The Cercon ht and xh ceramic framework materials also launched last March. Cercon ht allows the lab to offer monolithic or partially veneered restorations. Cercon xt has increased translucency making it more appealing for the anterior tooth region with any veneering.
The Azento digital implant workflow system and accompanying Acuris dental implants reached Europe last March as well. Azento streamlines implant planning, purchasing, and delivery for a single tooth replacement by efficiently connecting with qualified laboratories through a case management portal. Acuris implants are based on a conometric concept using friction instead of a screw or cement to secure the crown and cap to the abutment in the final prosthetic part of the implant treatment. Placing the final crown takes seconds instead of minutes.
The Multimat Cube and Multimat Cube press ceramic furnaces hit the market last July. The furnace is universal for all commercially available dental ceramics, including lithium silicate and lithium disilicate. High process repeatability and cutting-edge firing results are provided by multi-stage heating and two-stage programs, together with automatic program resumption after a brief power cut.
The firm released CEREC Ortho treatment simulation software at last August’s American Association of Orthodontists Annual Session. Used with Primescan, it adds a base to the model, comprehensive model analysis, and treatment outcome simulation that can immediately be used for consultations. It also features a Moyers mixed dentition analysis, transverse distance, symmetry, occlusion class, overjet, and overbite capabilities.
In September, Dentsply Sirona and digital manufacturing firm Carbon launched the FDA-cleared Lucitone Digital Print Denture workflow and material system. The first digitally produced dentures are optimized for Carbon M-series 3D printers. Labs can print up to eight denture arches in about two hours, and Lucitone Digital Print 3D Denture Resin resists breakage because its formula exceeds ISO high impact and flexural strength standards.
The Xios AE and Schick AE intraoral sensors hit the shelves last October. Advanced exposure technology combines strong image quality (theoretical resolution of 33 lp/mm) with filtering enhancements and a broadened exposure spectrum for a solid safe diagnostic base even in lower X-ray dose ranges. Their ultrasonically welded housing protects from moisture penetration. Radiation fluctuations or suboptimal exposure settings are counterbalanced, and X-rays are instantly available for diagnosis.
October also saw the acquisition of OraCheck and subsequent launch of generation 5 CAD/CAM software with OraCheck. In conjunction with a digital optical impression system, OraCheck visualizes 3D change on virtual optical scans on a computer. It offers patient monitoring before, during, and after treatment. Updated Connect Software 5.1 offers more digitally feasible treatment options for orthodontics and implant dentistry. CEREC Software 5.1 for fabricating chairside restorations was also released alongside these.
Q1 2020 Revenue: $874.3 Million
Q1 2019 Revenue: $946.2 Million
Percentage Change: -7.6%
Beginning April 13, Dentsply Sirona salaried employees above a certain pay level took a 25 percent pay cut for 90 days, including members of the executive team.