“At group level, taking into account the seven clinics of Bucharest and Timisoara, the 20% targeted revenue increase was reached,” said Oana Taban, Dent Estet chief executive officer.
She specified all the units the company operates posted growth.
With this revenue level, Dent Estet is the biggest player on the local dental services market, according with the latest public data available (for 2013). The entire market is worth around RON500 million, and the average profit margin stands at 10%.
For the company, 2015 will be a year of consolidation.
Dent Estet group was founded 15 years ago and one of last year’s project was the development of a school for dental clinic managers.
“Taking into account the minimal likeliness of opening a new clinic in 2015, we target 12-15% revenue growth for the entire group. With an over 10% increase this year, Dent Estet will head toward RON20 million.
Expansion will not be a priority for the company this year, but on the medium term Dent Estet mulls investing in a center aimed at adults.
Dent Estet generates revenue both from patient direct payments, as well as from corporate and individual subscriptions. Oana Taban showed that on the corporate segment the company works with 11 international companies on the basis of partnerships started more than 8 years ago and the number of corporate subscriptions tops the level of individual ones.
(English version by Catalina Apostoiu)