Stryker Reports a 7% Net Sales Increase for 3Q 2010

Stryker reported a 7 percent sales increase to $1.768 billion and a 1.3 percent sales increase in orthopedic implants, based on higher domestic sales of hips, knees and trauma implants, according to a company news release.

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The growth was larger than expected, said Stryker President and CEO Stephen P. MacMillan. The growth could be attributed to the 16.1 percent increase in worldwide sales of MedSurg Equipment.

International sales were $594 million, a 1.7 percent increase over last year. Worldwide sales of orthopedic implants were $1.029 billion, an increase of 1.2 percent.

Read the release on Stryker’s 3Q 2010 report.
http://www.prnewswire.com/news-releases/stryker-reports-7-sales-growth-14-adjusted-net-earnings-growth-for-quarter-ended-september-30-2010-105287258.html

Read other coverage on Stryker:

– Stryker Tours Colleges for Future Recruitment


– Stryker’s Oren Gelman Discusses Trends Toward Single-Radius Knee Implant


– Stryker Acquires Gaymar Industries

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

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