Zimmer Holdings Reports Strong Q4, Year-End Earnings of $761M

Zimmer Holdings reported year-end net earnings of $761 million, up 0.8 percent from 2012, boosted in part by strong fourth quarter sales.

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The quarter’s net earnings totaled $235.9 million. Zimmer made $1.24 billion in net sales during the fourth quarter, up 5 percent from the same period last year. The company’s year-end total net sales reached $4.62 billion, up from 2012’s $4.47 billion.

Sale of extremity and knee devices saw the biggest quarterly increase, while spine sales dropped 2 percent in the fourth quarter and 3 percent for the year.

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