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STMN — Straumann Holding AG News Story

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Straumann rises after Q3 sales modestly beat expectations

BUZZ-Straumann rises after Q3 sales modestly beat expectations

** Shares in Swiss dental implants maker Straumann STMN.S rise 2.7% in pre-market indications after Q3 revenue slightly beat expectations driven by all regions

** The company reported Q3 revenue of 667.1 million Swiss francs ($805.1 million) versus a Vara consensus of 662.3 million

** North America sales grew 7.5%, with the broker Vontobel saying the region "performed as expected" and continued its positive trajectory despite a soft demand backdrop

** The group confirmed its full-year outlook

** The stock has gained 4.5% YTD

($1 = 0.8286 Swiss francs)


(Reporting by Isabela Kruczynska and Cian Muenster)

((Isabela.Kruczynska@thomsonreuters.com, Cian. Muenster@thomsonreuters.com))

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