Smith & Nephew confident despite slip in profits
21st Feb 2023 07:23
(Sharecast News) - Medical technology company Smith & Nephew reported full-year revenue of $5.22bn (£4.35bn) on Tuesday, which was up 4.7% on an underlying basis year-on-year.
Read moreSmith+Nephew appoints former Serco CEO Soames as chair
17th Feb 2023 07:25
(Sharecast News) - Medical technology company Smith+Nephew said it had appointed former Serco chief executive Rupert Soames as chair, succeeding Roberto Quarta who will this year.
Read moreSmith & Nephew Q3 revenues touch lighter than expected
3rd Nov 2022 07:23
(Sharecast News) - Medical equipment maker Smith & Nephew posted slightly lower-than-expected third-quarter revenues on Thursday as it said revenue growth for the full year was set to be in the middle of the previously guided range.
Read moreCredit Suisse and Barclays lower target price on Smith&Nephew
4th Aug 2022 15:29
(Sharecast News) - Analysts at Credit Suisse lowered their target price for shares of Smith&Nephew after what they described as a "mixed" set of interim results.
Read moreCost headwinds hit revenue, trading profit at Smith & Nephew
28th Jul 2022 10:12
(Sharecast News) - Smith & Nephew reported second quarter revenue of $1.29bn on Thursday, up 1.2% on an underlying basis but down 3.1% on a reported basis including a 430 basis point foreign exchange headwind.
Read moreSmith+Nephew Q1 revenues beat forecasts as elective surgeries resume
28th Apr 2022 08:13
(Sharecast News) - Medical products maker Smith+Nephew beat first quarter revenue forecasts as elective surgery volumes from the impact of the Omicron Covid variant at the start of the year.
Read moreRBC Capital starts Smith & Nephew at 'outperform'
16th Mar 2022 10:26
(Sharecast News) - RBC Capital Markets initiated coverage of medical products manufacturer Smith & Nephew at 'outperform' on Wednesday with a 1,700p price target.
Read moreSmith & Nephew FY operating profits double, CEO to depart
22nd Feb 2022 07:02
(Sharecast News) - Medical equipment manufacturer Smith & Nephew said on Tuesday that full-year operating profits had doubled in 2021, partly driven by a solid performance in its sports medicine and ENT and advanced wound management units.
Read moreBerenberg slightly raises target price on Smith & Nephew
17th Dec 2021 12:23
(Sharecast News) - Analysts at Berenberg raised their target price on medical services firm Smith & Nephew from £18.25 to £18.40 on Friday following the firm's "extensive meet-the-management event" a day earlier.
Read moreSmith & Nephew to return up to $300m to shareholders in new strategy
16th Dec 2021 12:28
(Sharecast News) - Medical device maker Smith & Nephew outlined its new 'strategy for growth' on Thursday, targeting consistent 4% to 6% organic revenue growth by 2024, "structurally ahead" of historic levels, as it made a new commitment to return up to $300m of capital to shareholders.
Read moreSmith & Nephew hit by Delta variant and shortages
4th Nov 2021 07:36
(Sharecast News) - Smith & Nephew warned annual results would be at the low end of its guidance after Covid-19 and product shortages affected its orthopaedics business in the third quarter.
Read moreBerenberg lowers target price on Smith & Nephew
1st Oct 2021 10:54
(Sharecast News) - Analyst at Berenberg cut their target price on medical equipment manufacturer Smith & Nephew from £20.20 to £18.80 on Friday, stating the firm was now facing a "bumpier road" to the "same destination".
Read moreDirector dealings: SMith & Nephew chair ups stake
24th Aug 2021 16:21
(Sharecast News) - Smith & Nephew revealed on Tuesday that chairman Roberto Quarta had acquired 4,149 ordinary shares in the FTSE 100-listed medical equipment manufacturing company.
Read moreSmith & Nephew revenues surge in Q2
29th Jul 2021 08:50
(Sharecast News) - Manufacturing firm Smith & Nephew said on Thursday that revenues soared last quarter amid easing Covid-19 restrictions.
Read moreThursday broker round-up
1st Jul 2021 13:45
(Sharecast News) - Ascential: Berenberg upgrades to buy with a target price of 485p.
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