Dentsply earnings hold steady in 2010

Dentsply International reported net sales of $568.2 million in the fourth quarter of 2010 (end-December 31), compared with $568.4 million for the fourth quarter of 2009. Net income for the fourth quarter was $67.8 million, compared with $74.8 million in the same quarter a year ago.

Sales were negatively impacted by foreign exchange translation resulting from a generally stronger U.S. dollar during the quarter when compared with the same period last year, the company said.

Net sales for the full year were $2.2 billion in 2010, compared with $2.15 billion in 2009. Net income for 2010 was $265.7 million, compared with $274.3 million in 2009.

The company said it experienced positive constant currency growth for dental consumable products and dental specialty products for the year.

"Moving into 2011, we are fortunate to have a number of new and exciting product launches planned," said Bret Wise, chairman and CEO, in a press release. "This, along with a gradually improving dental market, should allow us to improve both our growth rates in sales and earnings for the year."

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