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• Tuesday, May 11th, 2010
LONDON (MarketWatch) — Medical device maker Smith & Nephew (UK:SN. 652.50, +11.00, +1.71%) (SNN 48.41, +1.36, +2.89%) said Thursday that its first-quarter net profit rose to $159 million, from $98 million a year ago. Sales increased to $995 million, from $865 million last year. “We reaffirm our overall outlook guidance for 2010. The current environment is not without its challenges, but the positive momentum in our business continues,” the firm said.
http://www.marketwatch.com/story/smith-nephew-net-profit-up-62-2010-05-06
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Category: Market, Orthopaedics
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