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SN. Smith & Nephew Plc

997.80
1.00 (0.10%)
07 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Smith & Nephew Plc LSE:SN. London Ordinary Share GB0009223206 ORD USD0.20
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.00 0.10% 997.80 997.60 998.00 1,000.50 981.20 994.60 5,800,566 16:29:59
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Ortho,prosth,surg Appl,suply 5.55B 263M 0.3011 33.14 8.71B

Smith & Nephew 1Q Revenue Rose, Resumes Full-Year Guidance

29/04/2021 8:07am

Dow Jones News


Smith & Nephew (LSE:SN.)
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By Matteo Castia

 

Smith & Nephew PLC on Thursday resumed its full-year guidance following a revenue increase in the first quarter, thanks to a return to growth across most divisions.

The medical-technology group said first-quarter revenue rose 12% year-on-year, or 6.2% on an underlying basis, to $1.26 billion.

Smith & Nephew said reported growth included benefits of 3.4% from foreign-exchange effects and 1.9% from acquisitions.

Meanwhile, all three global franchises of the FTSE 100 company returned to growth on a reported and underlying basis, it said.

Smith & Nephew said it is now targeting full-year underlying revenue growth in the range of 10% to 13%, assuming improvement in conditions through the year.

 

Write to Matteo Castia at matteo.castia@dowjones.com

 

(END) Dow Jones Newswires

April 29, 2021 02:52 ET (06:52 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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