Dentsply Sirona Inc. · NASDAQ:XRAY
Dentsply Sirona — J.P. Morgan Healthcare Conference 2023
16 slides from Dentsply Sirona's conference presentation, Jan 11, 2023
Slide 1: J.P. Morgan Healthcare Conference
J.P. Morgan Healthcare Conference January 11, 2023
Slide 2: Forward-Looking Statements and Associated Risks
Forward-Looking Statements and Associated Risks All statements in this presentation that do not directly and exclusively relate to historical facts constitute “forward-looking statements.” These statements represent current expectations and beliefs, and no assurance can be given that the results des
Slide 3: What We Will Cover Today
What We Will Cover Today ▪ Our Business ▪ Our Progress ▪ Our Path Forward Dentsply Sirona has 55 academies and education centers that are home to state-of-the-art training facilities for dental professionals who seek a comprehensive variety of clinical and technical continuing education curriculums.
Slide 4: Dentsply Sirona Snapshot
Dentsply Sirona Snapshot We develop superior, integrated workflows built on diagnostic excellence, easy-to-use treatment planning and Equipment & Instruments essential products that improve outcomes for patients and 18% dental professionals. Endodontic & Restorative 33% │ ~$4B annual sales │ ~40% of
Slide 5: Taking Action for a Brighter World
Taking Action for a Brighter World Key Sustainability Goals Performance Highlights Healthy Planet • Reach Net Zero carbon emissions (Scopes 1-3) by 2050 • Combined Scopes 1 and 2 GHG emission intensity reduction • Published second Sustainability Report ≥15% by 2025 • Total waste reduction ≥15% by 20
Slide 6: Dental is an Attractive Industry
Dental is an Attractive Industry Dental Industry Why Dentsply Sirona Can Win Dental is supported by long-term macro tailwinds • Positive demographic trends Global Scale • Increasing globalization • Continuing aesthetic industry growth Dental industry trends Comprehensive Portfolio • Adopting digital
Slide 7: Opportunity to Improve Positions in a Growing Industry
Opportunity to Improve Positions in a Growing Industry Category Long-Term Dentsply Sirona Dental Categories Select DS Brands and Products Size Category Growth Position #1 Full-Chairside CEREC Primemill CAD/CAM $2B DD #3 Intraoral Scan Primescan Primeprint #3 Professional Aligners $5B 20%+ #2 DTC Sur
Slide 8: Integrating Workflows through Software on One Digital Platform
Integrating Workflows through Software on One Digital Platform Patient Treatment Treatment Monitoring and Diagnosis Engagement Planning Delivery Follow Up Capture More See More Do More Treat More Enabling high-precision data Optimizing diagnostic capabilities Streamlining existing workflows Offering
Slide 9: Strengthening Our Portfolio Through Leading Innovation
Strengthening Our Portfolio Through Leading Innovation DS Core Primescan Connect Cloud solution for dentistry Laptop-based version of Primescan Primeprint Solution EV Implant System Medical-grade 3D printing system Premium Implants: harmonized, simplified, digital SureSmile Solutions SmartLite Pro E
Slide 10: A New Inflection Point for Value Creation
A New Inflection Point for Value Creation 1 Achieve Annual Growth & Margin Commitments 2 3 4 5 Enhance & Accelerate Win in Aligners Create High Sustain Enterprise & Implants Performance Profitability Digitalization Culture Define Winning Portfolio Rebalance Portfolio Accelerate Software Implement Op
Slide 11: Path to Future Earnings Growth
Path to Future Earnings Growth Key Factors Impacting Profitability Actions External: $3.00 ✓ Organizational intensity • F/X • Inflation ✓ Commercial investment in the U.S. • Interest rates • Supply chain constraints ✓ Price increases to partially offset inflation • Elective procedures ✓ Margin enhan
Slide 12: Deploying Capital to Deliver Shareholder Value
Deploying Capital to Deliver Shareholder Value Optimizing Cash Flows; Maintaining Balance Sheet Targeting free cash flow conversion of 100% • Improving financial performance ~4% of sales ~4% of sales • Improving working capital R&D Capex • Simplifying the organization and ERP infrastructure Investme
Slide 13: Our Commitment to All Stakeholders
Our Commitment to All Stakeholders Key Messages Value Creation Drivers ▪ Committed to necessary shifts in 1 Deliver Annual Growth & Margins organization, operating model, and cadence 2 Enhance & Sustain Profitability ▪ Leveraging robust portfolio and prioritizing ROI in attractive, fast-growing cate
Slide 14: Appendix
Appendix ™, Dentsply Sirona
Slide 15: Non-GAAP Financial Measures Definitions
Non-GAAP Financial Measures Definitions Organic Sales Adjusted Net Income (Loss) The Company defines "organic sales" as the reported net sales adjusted for: (1) net sales from acquired businesses Adjusted net income (loss) consists of the reported net income (loss) in accordance with US GAAP, adjust
Slide 16: Slide 16
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