Straumann Holding AG (XSWX:STMN)
CHF 106.8 +1.9 (+1.81%) Market Cap: 17.03 Bil Enterprise Value: 16.96 Bil PE Ratio: 47.89 PB Ratio: 7.87 GF Score: 99/100

Q1 2026 Straumann Holding AG Earnings Call Transcript

Apr 29, 2026 / 08:30AM GMT
Release Date Price: CHF87.4 (+4.32%)

Key Points

Positve
  • Straumann Holding AG (SAUHF) reported a strong start to 2026 with a revenue of CHF673 million, reflecting an organic growth of 7.1%.
  • The company gained market share across key segments, driven by its innovation pipeline, digital offerings, and strong customer engagement through education.
  • North America showed consistent growth with a 7.7% increase, supported by strong commercial execution and strategic customer partnerships.
  • Latin America delivered outstanding performance with organic growth of 19.5%, driven by strong demand for challenger implants and digital solutions.
  • The transition to Smartee manufacturing in EMEA and Asia Pacific was successfully completed, enhancing the company's value proposition in Orthodontics.
Negative
  • The reported revenue in Swiss francs declined by 1.2% due to a negative foreign exchange impact of CHF53 million, primarily driven by the depreciation of the US dollar and euro.
  • Market conditions in China remain challenging due to the delayed volume-based procurement process, resulting in a stabilized regional development of only 0.5%.
  • The geopolitical environment and macroeconomic uncertainties continue to pose risks, potentially impacting market conditions and business performance.
  • The company faces ongoing foreign exchange volatility, which could affect financial performance if currencies do not stabilize.
  • Despite strong performance, the company anticipates continued volatility in market conditions, which could impact its ability to achieve high single-digit organic revenue growth.
Operator

(technical difficulty) 2026 results conference call and live webcast. (Operator Instructions) And the conference is being recorded. (Operator Instructions) The conference must not be recorded for publication or broadcast.

At this time, it's my pleasure to hand over to Guillaume Daniellot, CEO. Please go ahead.

Guillaume Daniellot
Straumann Holding AG - Chief Executive Officer, Member of the Executive Management Board

Thank you, and good morning or afternoon to all of you. Thank you for attending this conference call on the Straumann Group's first-quarter results. Please take note of the disclaimer in our media release and on slide 2. During this conference call, we are going to refer to the presentation slides that were published on our website this morning. As usual, the discussion will include some forward-looking statements.

As shown on slide 3, I will start with the first-quarter performance overview. Isabelle will then cover the financial details. And afterwards, I will share strategic updates and our outlook. We will be happy to answer

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