SDI Limited Provides Earnings Guidance for the Six Months Ending December 31, 2018
January 30, 2019 at 05:01 pm
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SDI Limited provided earnings guidance for the six months ending 31 December 2018. For the period, the company expects the revised unaudited after-tax profit to be in the range of $2.8 million to $3.1 million, compared to $1.2 million for the same period last year. The revised guidance is driven by stronger than forecasted sales from Australian direct export sales and the favourable closing currency rates at 31 December 2018.
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.