Dentsply Sirona Inc. · NASDAQ:XRAY
Dentsply Sirona — DENTSPLY International — Q3 2013 Earnings Presentation
13 slides from Dentsply Sirona's earnings presentation, Oct 29, 2013
Slide 1: Investor Presentation Supplemental Materials
NASDAQ-XRAY Investor Presentation Supplemental Materials
Slide 2: Third Quarter 2013 Earnings Call
DENTSPLY International, Inc. Third Quarter 2013 Earnings Call October 29, 2013 2 NASDAQ-XRAY
Slide 3: Forward Looking Statements
Forward Looking Statements This presentation contains forward-looking information (within the meaning of the Private Securities Litigation Reform Act of 1995) regarding future events or the future financial performance of the Company that involve substantial risks and uncertainties. Actual events or
Slide 4: Non-GAAP Financial Measures
Non-GAAP Financial Measures In addition to the results reported in accordance with US GAAP, the Company provides adjusted net income attributable to DENTSPLY International and adjusted earnings per diluted common share. The Company discloses adjusted net income attributable to DENTSPLY International
Slide 5: Q3 2013 Performance Summary
Q3 2013 Performance Summary Sales excluding precious metals grew +3.5% Internal growth of +2.7% Adjusted operating expense ratio improved 100 bps to 38.7% Adjusted operating margin expanded 60 bps to 17.9% EPS on an adjusted basis grew +12% to $0.57 5 NASDAQ-XRAY
Slide 6: Q3 2013 Internal Growth, Ex. PM
Q3 2013 Internal Growth, Ex. PM Consolidated internal growth: +2.7% United States: 36% of Total Europe: 43% of Total Internal growth: +4.3% Internal growth: +0.3% Rest of World: 21% of Total Internal growth: +4.6% 6 NASDAQ-XRAY
Slide 7: Cash Flow and Balance Sheet Highlights
Cash Flow and Balance Sheet Highlights Strong Q3 ’13 cash flow from operating activities: up 31% to $126 million Depreciation of $20 million and amortization of $13 million Capital expenditures $27 million 9M ’13 cash flow from operating activities grew 28% to $258 million Depreciation of $62 millio
Slide 8: 2013 Earnings Guidance
2013 Earnings Guidance 2013 adjusted earnings in the range of $2.33 to $2.38 per diluted share 8 NASDAQ-XRAY
Slide 9: Appendix
Appendix 9 NASDAQ-XRAY
Slide 10: Non-GAAP Reconciliation: Q3 2013
Non-GAAP Reconciliation: Q3 2013 DENTSPLY INTERNATIONAL INC. CONSOLIDATED STATEMENTS OF INCOME GAAP NON-GAAP THREE MONTHS ENDED THREE MONTHS ENDED Acquisition Restructuring, Income Tax Amortization on September 30, Related Credit Risks & Related purchased Total Non-GAAP September 30, 2013 Activities
Slide 11: Non-GAAP Reconciliation: 9M 2013
Non-GAAP Reconciliation: 9M 2013 DENTSPLY INTERNATIONAL INC. CONSOLIDATED STATEMENTS OF INCOME GAAP NON-GAAP NINE MONTHS ENDED NINE MONTHS ENDED Acquisition Restructuring, Income Tax Amortization on September 30, Related Credit Risks & Related purchased Total Non-GAAP September 30, 2013 Activities O
Slide 12: Non-GAAP Reconciliation: Q3 2012
Non-GAAP Reconciliation: Q3 2012 DENTSPLY INTERNATIONAL INC. CONSOLIDATED STATEMENTS OF INCOME GAAP NON-GAAP THREE MONTHS ENDED THREE MONTHS ENDED Acquisition Restructuring, Income Tax Amortization of September 30, Related Ortho Continuity Related purchased Total Non-GAAP September 30, 2012 Activiti
Slide 13: Non-GAAP Reconciliation: 9M 2012
Non-GAAP Reconciliation: 9M 2012 DENTSPLY INTERNATIONAL INC. CONSOLIDATED STATEMENTS OF INCOME GAAP NON-GAAP NINE MONTHS ENDED NINE MONTHS ENDED Acquisition Restructuring, Income Tax Amortization on September 30, Related Ortho Continuity Related purchased Total Non-GAAP September 30, 2012 Activities
DENTSPLY International — Q3 2013 Earnings Presentation on 6ix