Dentsply Reduces 2009 Profit Forecast

YORK, Pa. (AP) — Dental products maker Dentsply International Inc. lowered its annual profit outlook Thursday, saying global economic conditions are hurting its business more than it previously expected.

The company forecast full-year net income of $1.80 to $1.90 per share excluding items, down from a prior forecast of $1.85 to $1.95 per share. Analysts expect profit of $1.88 per share, according to a survey by Thomson Reuters.

Dentsply also reported its first-quarter profit fell due in part to unfavorable foreign currency exchanges.