2 stocks to smile about

Financial Journalist
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The Australian dental-services industry will grow a respectable 3.8% annually over 2014-19, estimates business forecaster IBISWorld. A growing, ageing population, and rising uptake of private health insurance is helping dentistry grow faster than the economy.

Growth drivers

The dental industry remains highly fragmented: about 70% of dentists still operate from one- or two-person practices, often in the suburbs. Listed dental companies see an obvious opportunity to consolidate or “roll-up” thousands of tiny practices into a corporate model.

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