Smith+Nephew’s profit jumps as transformation play pays off healthcare Smith+Nephew reported revenue growth for 2024, as the company’s 12-Point Plan delivered improved financial performance, better margins, and stronger cash flow. The medical technology reported revenue of $5.81bn (£4.59bn) up 5.3 per cent on an underlying basis, with further acceleration expected in 2025. Fourth-quarter revenue rose 8.3 per cent year-on-year to $1.57bn (£1.24bn), bolstered by [...]
Growing demand for hip and knee replacements help Smith and Nephew to growth industrials Orthopaedic sales grew by 4.4 per cent over the quarter, thanks to "growth in hip and knee implants outside the US."