DENTSPLY Reports Record Second Quarter Earnings and Sales
August 10, 2004
DENTSPLY International Inc. recently announced record sales and earnings for the quarter ended June 30, 2004. Net sales increased 7.8% to $425.3 million, compared to $394.5 million reported for the second quarter of 2003. Net sales, excluding precious metal content, increased 7.3% in the second quarter of 2004. Net income for the second quarter of 2004 was $49.0 million, or $.60 per diluted share. Income from continuing operations was $49.2 million ($.60 per diluted share) in the 2004 quarter, compared to $43.5 million ($.54 per diluted share) in the 2003 second quarter, a 11.1% increase in diluted earnings per share from continuing operations. For the six months ended June 30, 2004, net sales increased 9.8% and sales excluding precious metal content increased 10.2%. Earnings from continuing operations were $1.16 per diluted share in the first six months of 2004, a 14.9% increase compared to the 2003 period.
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