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Summary: DENTSPLY International Inc. Mar 11

Standard & Poors, March 2011

Abstract
The ratings on York, Pa.-based DENTSPLY International Inc. reflect the company's satisfactory business risk profile, supported by a 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. Still, our ratings on the company are limited by the company's narrow focus on the dental market and the potential for ongoing economic weakness to further exacerbate organic sales pressures. DENTSPLY's satisfactory business risk profile reflects its relatively narrow market focus because of its concentration in dental products. However, the company is a leading manufacturer and marketer of a broad array of products and equipment...

Companies mentioned in this report are: DENTSPLY International Inc.
Action: Review

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included.

DENTSPLY International Inc.

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