Straumann Holding AG (STMN) expects “high” single-digit market growth by 2020, Finanz & Wirtschaft reported, citing an interview with Chief Executive Officer Beat Spalinger.
The world’s biggest maker of dental implants, based in the Swiss city of Basel, will grow primarily in emerging markets where labor costs are lower, Spalinger was cited as saying. Straumann sees a stable gross margin, the newspaper reported in a pre-release of an article.
Spalinger also said that recent share-price developments are due to the weak market environment in Italy and Spain, the newspaper said.
To contact the reporter on this story: Corinne Gretler in Zurich at firstname.lastname@example.org
To contact the editor responsible for this story: Andrew Rummer at email@example.com