Question-and-Answer Session
Operator
Thank you very much. Ladies and gentlemen, at this time we will begin the question and answer session (Operator Instructions). At this time, our first question does come from the line of Derek Leckow with Barrington Research. Please go ahead at this time.
Derek Leckow - Barrington Research
Good morning Jim. Good morning Steve.
James Wiltz
Good morning Derek.
Derek Leckow - Barrington Research
Just want to say congratulations on a good quarter. And also want to talk about the internal growth rates of each of the business units excluding the currency. Could you help me calculate that?
James Wiltz
We can try.
Derek Leckow - Barrington Research
Okay.
James Wiltz
If you look at the Dental business, hang on just a second -- the internal rate for Dental was about 1% ex-currency.
Derek Leckow - Barrington Research
Okay.
James Wiltz
And ex-acquisition. Veterinary was essentially flat, down about a half a percentage point.
Derek Leckow - Barrington Research
Alright.
James Wiltz
And Medical was up just a little over 1%.
Derek Leckow - Barrington Research
Okay good. So--
James Wiltz
Ex-acquisition, ex-currency.
Derek Leckow - Barrington Research
And are you guys -- when you are talking about your budgeting for next year, are you kind of assuming that this level of internal growth remains sustainable or are we going to see, especially with the strong equipment sales that are going on now, are we going to see a trend that helps get that up a little bit higher. What are your thoughts on that?
R. Stephen Armstrong
Well, Derek I think it's fairly difficult for anybody to see out too far in this economy but, based on where we looked from October and where we look at it from today in all three of those businesses, I do think going forward its going to be a bit more challenging in the core equipment, but we feel like its going to be offset somewhat by the strong demand and it appears to remain for CEREC and cone bean and digital and software products.
Derek Leckow - Barrington Research
Okay. So--
R. Stephen Armstrong
Technology products are going to be very strong. I think we're going to have some tougher battle with what I would call the core equipment, and I think we saw signs of that in the fourth calendar quarter from the DDA report for instance.
Derek Leckow - Barrington Research
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