2024 Sales Forecast: Unprecedented Growth on the Horizon
bonyf NV / Key word(s): Results Forecast/Annual Results
2024 Sales Forecast: Unprecedented Growth on the Horizon
10-May-2024 / 15:05 CET/CEST
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2024 Sales Forecast: Unprecedented Growth on the Horizon
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Ghent (Belgium), 10 May 2024, 6:00 a.m.; bonyf NV (Mnemonic:
MLBON), the next-generation oral comfort expert, is a Euronext
Paris listed company and specializes in the development,
production and marketing of oral, denture, orthodontic and wound
care products, is poised for exponential growth in 2024.
Introduction
The bonyf achievement of compliance with the stringent European
Medical Device Regulation (MDR) has significantly bolstered our
market position and enhanced our credibility as a reliable and
sustainable manufacturer.
Leveraging our compliance status and unique product offerings,
nurture our new business model implemented since end 2022 whereas
bonyf establishes itself a significant global player in contract
manufacturing. Our contract manufacturing (or private label)
sales YTD increased from 37% in 2023 towards 70% in 2024. Leading
country supermarkets and international drugstores perform on long
duration contracts as to ensure the sustainable sales growth
since 2023.
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Market
The global demand for oral hygiene products continues to soar,
driven by increasing awareness of oral health and hygiene among
consumers worldwide. bonyf belongs to the limited number of
independent manufacturers for dental effervescent tablets in
Europe and MDR certification successfully completed, we enjoy a
competitive advantage in terms of market share and positioning.
bonyf uniqueness exist by not only providing the standard omni
present formulations but by proposing its own developed healthy,
more efficient and performant and patented formulations developed
by bonyf own R&D department. "Our goal is to develop a product
that not only provides exceptional performance but also promotes
overall oral health".
The unique denture cleansing tablets performance by the
formulation named NitrAdine showing the best-in-class
disinfection efficiency LOG 5, or disinfecting the denture with
99,999%.
The unique healthy denture fixative cream including its patented
formulation replacing mineral oils by olive oil showing the
growing recognition of our "Olivafix Gold" brand in the denture
fixative creams segment.
bonyf R&D pushing further on the healthiness and uniqueness
mission by realizing the new Olivafix Alginate-organic
formulation as to become not only best in performance strong hold
with 24h* strong hold of the upper dentures, but most healthy
denture fixative cream ever formulated. bonyf R&D ensuring future
unique products. The growing recognition of our "Olivafix Gold"
brand in the denture fixative creams segment further enhances our
market presence and customer appeal, with rising inquiries and
demand for our patented product.
Sales Forecast
With current negotiations pushing on the contract manufacturing
sales part, bonyf is heading to a unprecedent, well balanced and
sustainable sales result in 2024.
Conclusion
In summary, the year 2024 promises to be a landmark period for
our company, characterized by unparalleled growth and expansion
in both sales volume and revenue. Our compliance with the
European MDR, coupled with our innovative product offerings and
growing market recognition, positions us for sustained success in
the years ahead.
With firm orders already in place and increasing demand for our
products, we are confident that 2024 will mark a pivotal
milestone in our journey towards becoming a dominant force in the
global oral hygiene products market.
bonyf's strengths
* Products with patented formulations
* Produced in Switzerland compliant with stringent
international quality regulations
* Proven clinical efficacy
* Commercial presence in 37 countries
* Prospects for solid growth and rapid profitability
* A fast-growing oral and dental care market
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About bonyf
Incorporated in 1979, bonyf specialises in the development,
production and selling of cutting-edge oral & dental care
products. bonyf is a forward-thinking company committed to
revolutionizing oral care through innovation and research. With a
focus on quality and efficacy, bonyf develops cutting-edge
products designed to enhance the well-being of individuals
worldwide. Through its unwavering commitment to innovation and
continuous improvement, bonyf makes a real difference to people
suffering from dental and oral conditions. The company has its
R&D facilities in Liechtenstein (in the renown dental valley), a
production plant in Switzerland and distributes its product range
in 37 countries worldwide. Benefiting from seven patent protected
formulations and products developed in-house, bonyf expects
strong future development, driven by the fast-growing oral and
dental care market.
For more information about bonyf and its innovative oral care
products, please visit www.bonyf.com.
bonyf
Jean-Pierre Bogaert
investor@bonyf.com
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Dissemination of a Financial Wire News, transmitted by EQS Group.
The issuer is solely responsible for the content of this
announcement.
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Language: English
Issuer: bonyf NV
Doornzelestraat 114 D
9000 Gent
Belgium
Phone: +41 79 412 42 79
E-mail: president@bonyf.com
Internet: www.bonyf.com
ISIN: BE6333353298
EQS News ID: 1900677
End of Announcement - EQS News Service
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1900677 10-May-2024 CET/CEST