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Straumann Holding AG (SAUHF) Q3 2023 Earnings Call Transcript

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Straumann Holding AG (OTCPK:SAUHF) Q3 2023 Earnings Conference Call October 31, 2023 5:30 AM ET

Company Participants

Guillaume Daniellot – Chief Executive Officer

Yang Xu – Chief Financial Officer

Conference Call Participants

Daniel Jelovcan – Stifel

Susannah Ludwig – Bernstein

Maja Pataki – Kepler Cheuvreux

David Adlington – JPMorgan

Hassan Al-Wakeel – Barclays

Hugo Solvet – BNP

Veronika Dubajova – Citi

Graham Doyle – UBS

Falko Friedrichs – Deutsche Bank

Robert Davies – Morgan Stanley

Guillaume Daniellot

Good morning, everyone, and thank you for joining this conference call on Straumann Group’s Third Quarter Results.

Please take note of the disclaimer in our press release and on Slide 2. During this conference call, we are going to refer to the presentation slides, which were published on our website this morning. As always, the presentation and discussion will include some forward-looking statements,

As shown on the agenda on Slide 3, I will provide an overview of our current status first. I’m delighted to sit here together with Yang Xu, our new CFO, who is with us for about two months. In this short period, she has been a great support, and we are very happy to have her on board. Following my status update, she will share the financial details. After that, I’ll update you on key strategic initiatives and our outlook for the future. Of course, we will both be available to answer your questions at the end of the presentation.

And let’s start with our highlights on Slide 5. This quarter, we achieved a strong revenue growth of 11.4%, leading to a CHF 571 million revenue, which was marked by different dynamics in our different regions. This solid performance brings us to a total of CHF 1.8 billion in the first 9 months of the year, despite very significant currency headwinds, which represents an organic growth rate

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