DENTSPLY International Inc. 'BBB+' Rating Outlook Revised To Stable From Negative On Reduced Leverage Mar 13
- Language: English
- Published: March 2013
- Region: Global
The ratings on York, Pa.-based DENTSPLY International Inc. reflect the company's leading position as a manufacturer and distributor of professional dental products, and its broad market presence in the field. The rating also reflects the company's geographic and customer diversity, significant distribution network, and modest financial risk profile. These factors are offset partially by the potential for the global recession to further exacerbate organic sales declines and by the relatively small size of the company's cash flow that could limit its ability to contend with currently unanticipated, large financial setbacks. DENTSPLY's satisfactory business risk profile reflects its relatively narrow market focus, given its concentration in dental products. However, the company is a leading manufacturer and marketer of a broad array...
Companies mentioned in this report are: DENTSPLY International Inc.
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