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Dentsply Expects 2008 Profit Boost



By AP
06 February 2008 @ 10:08 am EST

YORK, Pa. - Dental products maker Dentsply International Inc. said Wednesday it expects higher profit in 2008 on sales growth buoyed by recent acquisitions and favorable currency exchange rates.

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The company expects profit in 2008 between $1.83 and $1.88 per share on a more than 10 percent rise in sales. In 2007, the company earned $1.68 per share on revenue of $2 billion.

Analysts polled by Thomson Financial expect 2008 profit of $1.87 per share on revenue of $2.14 billion.

Dentsply shares rose $1.65, or 4.2 percent, to $41.67 in morning trading.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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