SDI Limited Provides Sales Guidance for the Year Ending June 30, 2022
June 20, 2022 at 06:58 pm EDT
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SDI Limited provided sales guidance for the year ending June 30, 2022. For the period, the company expects sales are estimated to increase 16% to approximately $95.0 million, compared to the prior corresponding period of $81.6 million. The company estimates that after tax-profit will be within the range of $7.0 million to $7.5 million, a decrease of 16% to 22% compared to financial year 2021 of $8.9 million.
SDI Limited is an Australia-based 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, whitening systems, other dental materials and product research and development. Its segments include Australia, Europe, USA, and Brazil. 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.