Sdi Limited Provides earnings Guidance for the Year Ending 30 June 2021
May 05, 2021 at 08:57 am IST
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SDI Limited announced that sales in Australian dollars for the twelve months ending 30 June 2021 are estimated to increase by 18% to $79.6 million, compared to
the corresponding period last year of $67.4 million. Sales growth has been driven by the continued increase in Aesthetic and Whitening products, partially offset by the decline in Amalgam products. The company estimates that after-tax profit, for the twelve months ending 30 June 2021, will be in the range of $7.5 million to $8.5 million, an increase of 77% to 101%, compared to financial year 2020.
SDI Limited is an Australia-based dental technology company that is involved in the research and development, manufacturing, and marketing of specialist dental materials. The principal activities of the Company include manufacture and distribution of dental restorative materials, tooth whitening systems, other dental materials and product research and development. Its segments include Australia, Europe, USA, and Brazil. The Australia segments include SDI Limited. The Europe segment include SDI Germany GmbH (Germany) and SDI Dental Innovations Limited (United Kingdom). The USA segment includes SDI (North America), Inc. The Brazil segment includes SDI Brasil Industria e Comercio Ltda and SDI Holdings Do Brazil Ltda. Its product categories include accessories, adhesives, alloys, cements, composites, equipment, etchants, glass ionomers, sealants, and tooth whitening. Its products are sold through distributors and retailers in over 100 countries throughout the world.