Henry Schein announces record Q2 2012 results

Henry Schein has published another set of record-breaking financial results for the second quarter of 2012, with net sales coming to $2.2 billion (1.41 billion pounds).

This represented a year-on-year increase of 3.3 percent, which came despite difficult trading conditions and unfavourable foreign currency exchange trends.

It is expected that the firm's share of the global dental market increased during the quarter, while sales of its medical, animal health and technology and value-added service offerings all rose.

The company also expanded its business capabilities through the recent acquisitions of Ortho Technology, AUV Veterinary Services and Modern Laboratory Services.

Stanley Bergman, chairman and chief executive officer of Henry Schein, said: "Through these transactions we are able to reach more practitioners with more products and services than ever before."

This latest performance builds on the company's record-breaking business performance in the first quarter of the year, when it generated net sales of $2.1 billion.