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(Sharecast News) - Shares in Straumann Group surged on Wednesday, after the dental implants manufacturer boosted full-year guidance.
The Swiss company said trading had benefited from a favourable geographical mix and operational improvements across all business franchises, while tariffs had been lower than expected.
In particular, it flagged improving profitability in China, supported by the ramp-up of its Shanghai campus and slowly normalising distributor demand.
As a result, it now expects its core EBIT margin to grow by 140 to 170 basis points, up notably from earlier guidance, issued in February, for 30 to 60 bps. It also reiterated expectations for high single-digit organic revenue growth.
As at 1300 the stock had rallied 11%.
Chief executive Guillaume Daniellot said: "We are encouraged to see the initiatives presented at our capital markets day in 2025 translating into dynamic growth, improved scalability and a structurally enhanced earnings profile.
"With the visibility we have today, we are confident in raising our profitability outlook for 2026."
The Basel-based company, which employs around 12,000 people worldwide and sells in more than 100 countries, is due to publish interim numbers on 19 August.
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