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SDI LIMITED — Earnings Release 2021
May 4, 2021
65759_rns_2021-05-04_90d962d7-587d-441b-bffd-ad4a8f7c6db3.pdf
Earnings Release
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ASX and Media Release 5 May 2021
Trading Update for FY21
MELBOURNE, Australia – SDI Limited (ASX: SDI), a leading dental technology company that conducts research and development, manufacturing, and distribution of speciality dental materials, today announced that sales in Australian dollars for the twelve months ending 30 June 2021 are estimated to increase by 18% to $79.6 million, compared to the corresponding period last year of $67.4 million.
Sales growth has been driven by the continued increase in Aesthetic and Whitening products, partially offset by the decline in Amalgam products.
Most markets are showing strong recovery from the COVID-19 pandemic, returning to normal operating conditions; however, SDI continues to experience product supply challenges into many overseas markets, due to shipping backlogs.
The Company estimates that after-tax profit, for the twelve months ending 30 June 2021, will be in the range of $7.5 million to $8.5 million, an increase of 77% to 101%, compared to financial year 2020.
This announcement has been authorised by the Board of Directors of SDI Limited.
Investor Contact: Adrian Mulcahy [email protected] P: +61 438 630 422