Dental technology and supply company Dentsply Sirona is working to set itself up for profitable growth after reporting a decrease in net sales during the third quarter.
The company released its third quarter financial report Nov. 6:
Six notes from the report:
1. The company reported $904 million in net sales, a 5% decrease from 2024.
2. Dentsply Sirona experienced a net loss of $427 million, compared to a net loss of $494 million during the third quarter of 2024.
3. President and CEO Dan Scavilla said the results reflect operational and strategic challenges facing the company, adding that they were “short of our expectations.”
4. The company introduced its “Return-to-Growth” action plan aimed at positioning the company for sustainable growth over the next 24 months.
5. The growth plan includes four pillars focused on customer satisfaction, strengthening its U.S. business, enhancing company culture and streamlining operations.
6. The company also announced the appointment of Dustin Shields as chief transformation officer, effective Dec. 1, to oversee the execution of its growth plan.
