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MarketScreener Homepage  >  Equities  >  KOREA EXCHANGE (KOSDAQ)  >  OsstemImplant Co Ltd    048260   KR7048260004

OSSTEMIMPLANT CO LTD

(048260)
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OsstemImplant : Osstem emerges as world's largest dental implant seller

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05/04/2019 | 10:54am EDT

By Cho Jae-hyon Osstem Implant has emerged as the world's largest seller of dental implants in terms of sales volume. Korea's leading implant manufacturer sold 233 million implants in 2017, the largest among global makers, followed by Zimmer Biomet with 188 million and Nobel Biocare with 187 million, according to Prof.

Kim Bong-ju of the Seoul National University Dental Hospital. Kim cited the 'Dental Implant Competitor Insight 2018' report by Toronto-based Millennium Research Group, the world's largest provider of medical device market research.

'It's a significant achievement that Osstem Implant has become a global brand that dentists around the world use the most,' Kim said. In 2018, the company also stood at the top of the list with sales of 286 million implant fixtures.

Osstem sells products in more than 70 countries and operates local corporations in 25 countries. Its rise to the top global position reflects its 'passion for Ramp;D and high-quality clinical education' it provides to local and overseas dentists, the company said in a statement.

'Our constant efforts in Ramp;D are key to the growth in implant sales. We will continue to develop skills needed for successful dental care and produce the best quality products from a customer's perspective,' it said.

Osstem Implant has been expanding product development not only for dental implants and dental equipment, but also for other fields that are essential for dental care. .

(c) 2019 Korea Times Co. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Latest news on OSSTEMIMPLANT CO LTD
05/04OSSTEMIMPLANT : Osstem emerges as world's largest dental implant seller
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Financials (KRW)
Sales 2019 530 B
EBIT 2019 46,4 B
Net income 2019 36,0 B
Debt 2019 62,2 B
Yield 2019 -
P/E ratio 2019 29,17
P/E ratio 2020 24,19
EV / Sales 2019 2,11x
EV / Sales 2020 1,86x
Capitalization 1 054 B
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Mean consensus OUTPERFORM
Number of Analysts 8
Average target price 77 833  KRW
Spread / Average Target 5,5%
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Managers
NameTitle
Tae-Gwan Eom Chief Executive Officer & Director
Kyoo-Ok Choi Chairman
Myung-Rae Kim Outside Director
Sung-Jo Hong Director
Doo-Won Kang Director & Head-Sales
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