25
POSITIONED Delivering Results FOR GROWTH Analyst & Investor Day October 14, 2015 Paul Guggenheim CEO, Patterson Dental

Delivering Results - s22.q4cdn.com · Core equipment • Dental equipment & software sales up 3.8% on constant currency basis in FY15 • Led by strong CEREC CAD/CAM & digital technology

  • Upload
    others

  • View
    1

  • Download
    0

Embed Size (px)

Citation preview

Page 1: Delivering Results - s22.q4cdn.com · Core equipment • Dental equipment & software sales up 3.8% on constant currency basis in FY15 • Led by strong CEREC CAD/CAM & digital technology

POSITIONED

Delivering Results

FOR GROWTH

Analyst & Investor Day October 14, 2015 Paul Guggenheim CEO, Patterson Dental

Page 2: Delivering Results - s22.q4cdn.com · Core equipment • Dental equipment & software sales up 3.8% on constant currency basis in FY15 • Led by strong CEREC CAD/CAM & digital technology

PAUL GUGGENHEIM

2

• Former owner and president, Guggenheim Brothers Dental

• 30+ year dental industry veteran • Former president of the Dental Dealers of America,

chairman of the American Dental Cooperative and chairman of the American Dental Trade Association

CEO, Patterson Dental

Page 3: Delivering Results - s22.q4cdn.com · Core equipment • Dental equipment & software sales up 3.8% on constant currency basis in FY15 • Led by strong CEREC CAD/CAM & digital technology

Exciting Time for Patterson Dental • Large, stable market with promising demographic trends • Digital technology transforming dental practices –

as technology expands, we become more valuable through: – Innovative digital technology offerings – Industry’s most extensive digital training capabilities – Unmatched integrated technical service & support

infrastructure

• Dental practice design transforming to address the needs of today’s consumer

3

Page 4: Delivering Results - s22.q4cdn.com · Core equipment • Dental equipment & software sales up 3.8% on constant currency basis in FY15 • Led by strong CEREC CAD/CAM & digital technology

Focused on Growth

Our Primary Growth Drivers

Digital technology

Consumables market growth

Core equipment innovation & facility transformation

Technical service & training support expansion

4

Page 5: Delivering Results - s22.q4cdn.com · Core equipment • Dental equipment & software sales up 3.8% on constant currency basis in FY15 • Led by strong CEREC CAD/CAM & digital technology

56%

33%

11%

Technical Service & Other

Total Equipment & Technology

Consumables

5

Patterson Dental Today

$2.4B ANNUAL REVENUE FISCAL 2015 Patterson Dental provides differentiated products, services & solutions – partnering with all oral health professionals, creating an improved patient experience & practice lifestyle.

Page 6: Delivering Results - s22.q4cdn.com · Core equipment • Dental equipment & software sales up 3.8% on constant currency basis in FY15 • Led by strong CEREC CAD/CAM & digital technology

6

Patterson Dental Competitive Landscape

• North America’s largest provider of capital equipment, including CAD/CAM & digital technology

• >1,500 direct sales reps

• >105,000 SKUs

• ~5,700 Patterson brand products

• Over 135 years in dental business

33% share

One national distributor

Numerous regional and

local suppliers

Page 7: Delivering Results - s22.q4cdn.com · Core equipment • Dental equipment & software sales up 3.8% on constant currency basis in FY15 • Led by strong CEREC CAD/CAM & digital technology

7

Private Practice Special Markets (National/Large

Group Accounts)

Target Market Currently positioned at ~33% of $7B North American dental market

Global Dental Specialist (Ortho, Endo, Perio)

Page 8: Delivering Results - s22.q4cdn.com · Core equipment • Dental equipment & software sales up 3.8% on constant currency basis in FY15 • Led by strong CEREC CAD/CAM & digital technology

2010

U.S. 40M EU 86M

World 528M

2020 U.S. 55M EU 101M

World 719M

2030 U.S. 70M EU 118M

World 976M

Population Growth: 65+ Age Group

Source: www.agingstats.gov 8

Page 9: Delivering Results - s22.q4cdn.com · Core equipment • Dental equipment & software sales up 3.8% on constant currency basis in FY15 • Led by strong CEREC CAD/CAM & digital technology

World-Class Product Offering: Consumables

Sales of

consumable dental supplies increased 3.3%

in FY15 on constant

currency basis

9

Page 10: Delivering Results - s22.q4cdn.com · Core equipment • Dental equipment & software sales up 3.8% on constant currency basis in FY15 • Led by strong CEREC CAD/CAM & digital technology

10

GROWTH DRIVERS IN DETAIL

12 10

Page 11: Delivering Results - s22.q4cdn.com · Core equipment • Dental equipment & software sales up 3.8% on constant currency basis in FY15 • Led by strong CEREC CAD/CAM & digital technology

World-Class Product Offering: Equipment Technology

11

CAD/CAM & Digital

Core equipment

• Dental equipment & software sales up 3.8% on constant currency basis in FY15

• Led by strong CEREC CAD/CAM & digital technology sales

• Growing tech sales leadership

• Capturing digital waterfall opportunity

In millions

$457 $354

Page 12: Delivering Results - s22.q4cdn.com · Core equipment • Dental equipment & software sales up 3.8% on constant currency basis in FY15 • Led by strong CEREC CAD/CAM & digital technology

Growth Driver: Digital Technology Expansion

Existing Opportunity

12

0

20

40

60

80

100

Computers/Practice Management

DigitalX-Ray

CAD/CAM Cone Beam/3D

3%

40%

83%

96%

Page 13: Delivering Results - s22.q4cdn.com · Core equipment • Dental equipment & software sales up 3.8% on constant currency basis in FY15 • Led by strong CEREC CAD/CAM & digital technology

TECHNOLOGY SALES & SUPPORT OVERVIEW Josh Killian Vice President, Marketing Technology and Equipment

13

Page 14: Delivering Results - s22.q4cdn.com · Core equipment • Dental equipment & software sales up 3.8% on constant currency basis in FY15 • Led by strong CEREC CAD/CAM & digital technology

Best in Class North America Technology, Sales & Support

• 1,200+ territory reps • 100+ CEREC specialists • 200+ equipment specialists • 400+ support people at

Patterson Technology Center • 900+ service techs • 30 training facilities • 125+ implementation

specialists • 300+ certified clinical trainers

14

Page 15: Delivering Results - s22.q4cdn.com · Core equipment • Dental equipment & software sales up 3.8% on constant currency basis in FY15 • Led by strong CEREC CAD/CAM & digital technology

Get More with CEREC & Patterson

15

Page 16: Delivering Results - s22.q4cdn.com · Core equipment • Dental equipment & software sales up 3.8% on constant currency basis in FY15 • Led by strong CEREC CAD/CAM & digital technology

Proprietary Patterson ABCD Education & Training

16

Page 17: Delivering Results - s22.q4cdn.com · Core equipment • Dental equipment & software sales up 3.8% on constant currency basis in FY15 • Led by strong CEREC CAD/CAM & digital technology

PTC Services Offered • Software development • Digital integration support • North American CAD/CAM & digital

support • EagleSoft support • Software user experience testing • Client software training

Key PTC Statistics • 100,000+ customers • 1.2 million calls annually • 5,000 calls daily • 400+ employees

17

Page 18: Delivering Results - s22.q4cdn.com · Core equipment • Dental equipment & software sales up 3.8% on constant currency basis in FY15 • Led by strong CEREC CAD/CAM & digital technology

Growth Driver: Consumables Share Gains 18

Page 19: Delivering Results - s22.q4cdn.com · Core equipment • Dental equipment & software sales up 3.8% on constant currency basis in FY15 • Led by strong CEREC CAD/CAM & digital technology

Growth Driver: Core Equipment Innovation & Facility Transformation

19

Page 20: Delivering Results - s22.q4cdn.com · Core equipment • Dental equipment & software sales up 3.8% on constant currency basis in FY15 • Led by strong CEREC CAD/CAM & digital technology

• As practices embrace digital technology, our unique support structure becomes essential • Every software upgrade – a challenge in change management for our customers • Integrated support infrastructure:

– After-sales training & support: Patterson Technology Center – Onsite assistance: TechEdge

Growth Driver: Technical Service & Support Expansion

20

Page 21: Delivering Results - s22.q4cdn.com · Core equipment • Dental equipment & software sales up 3.8% on constant currency basis in FY15 • Led by strong CEREC CAD/CAM & digital technology

Special Markets • Large group practice & institutional customers • Deliver world-class logistics & client support • Offer unique equipment, technology & technical support platform specific to Special Markets • Partner strategically with growing client base for mutual opportunities

21

Page 22: Delivering Results - s22.q4cdn.com · Core equipment • Dental equipment & software sales up 3.8% on constant currency basis in FY15 • Led by strong CEREC CAD/CAM & digital technology

e-Commerce

Pattersondental.com • Best-in-class e-commerce

experience

Growing e-commerce traffic: • 86% of customer orders • 99% of sales rep orders

22

Page 23: Delivering Results - s22.q4cdn.com · Core equipment • Dental equipment & software sales up 3.8% on constant currency basis in FY15 • Led by strong CEREC CAD/CAM & digital technology

• Capture market share (private practice, special markets, dental specialists)

• Expand leadership position in digital technology platforms

• Optimize TechEdge service infrastructure • Implement NGS initiative to leverage market

opportunities • Grow through organic expansion & acquisitions • Further enhance patient experience & lifestyle

practice

Strategic Priorities

23

Page 24: Delivering Results - s22.q4cdn.com · Core equipment • Dental equipment & software sales up 3.8% on constant currency basis in FY15 • Led by strong CEREC CAD/CAM & digital technology

24

Page 25: Delivering Results - s22.q4cdn.com · Core equipment • Dental equipment & software sales up 3.8% on constant currency basis in FY15 • Led by strong CEREC CAD/CAM & digital technology

POSITIONED

Delivering Results

FOR GROWTH

Questions?