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Smith & Nephew reports $1.2B in Q2 revenue — 8 highlights Featured

Written by  Megan Wood | Thursday, 27 July 2017 15:34
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Smith & Nephew reported its second quarter and first half of 2017 financial results.

Here are eight highlights:

 

1. Smith & Nephew saw revenue of about $1.19 billion in the second quarter of 2017.

 

2. In the second quarter, the company saw a 13 percent jump in emerging market revenue.

 

3. Smith & Nephew recorded strong growth in knee implants ($246 million) and advanced wound devices ($49 million) for the second quarter of 2017.

 

4. The sports medicine, trauma and other segment saw revenue of $480 million in the second quarter of 2017.

 

5. The company's first half of 2017 revenue was about $2.33 billion.

 

6. The first half of 2017's operating profit was $414 million, with an operating profit margin of 17.7 percent.

 

7. The company's trading profit for the first half of 2017 was $493 million, with a trading profit margin of 21.1 percent.

 

8. Smith & Nephew had $438 million in cash generated from operating activities.

 

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