Smith & Nephew says Covid impact to remain in H1 as profits fall

18th Feb 2021 07:04

(Sharecast News) - Medical products business Smith & Nephew warned the Covid-19 pandemic impact was likely to continue into the first half of 2021 with uncertainty on the timing of recovery, as it reported a sharp fall in full-year profit.

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Monday broker round-up

11th Jan 2021 12:47

(Sharecast News) - Weir: Credit Suisse downgrades to neutral with a target price of 2,150p.

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Smith & Nephew revenues to drop as more procedures postponed

11th Jan 2021 07:54

(Sharecast News) - Medical technology company Smith & Nephew said on Monday that it expects to report a 7% decline in fourth-quarter underlying revenue and a 12% drop in full-year revenues, as more medical procedures are postponed due to rising numbers of coronavirus infections.

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Tuesday broker round-up

1st Dec 2020 13:38

(Sharecast News) - Diageo: Deutsche Bank upgrades to buy with a target price of 3,900p.

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Friday broker round-up

30th Oct 2020 13:40

(Sharecast News) - Royal Dutch Shell: Barclays upgrades to equal weight.

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Smith & Nephew sales improve in Q3, US business returns to growth

29th Oct 2020 07:53

(Sharecast News) - Smith & Nephew reported a "significant improvement" in trading in the third quarter on Thursday as global levels of elective surgeries continued to recover following the initial hit from the Covid-19 pandemic, while its US business returned to growth.

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Smith & Nephew prices $1bn bond offering

8th Oct 2020 08:46

(Sharecast News) - Smith & Nephew has priced an offering of $1bn (£770m) of notes at 2.032%, due 2030, it announced on Thursday.

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Smith & Nephew revenue decline slows as markets pick up

1st Oct 2020 07:24

(Sharecast News) - Medical technology company Smith & Nephew updated the market on its recent trading on Thursday, reporting that it expects a third quarter underlying revenue decline of around 4%.

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Smith & Nephew to buy Integra LifeSciences' extremity orthopaedics business

29th Sep 2020 13:31

(Sharecast News) - Smith & Nephew has agreed to buy the extremity orthopaedics business of Integra LifeSciences for $240m.

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Monday broker round-up

24th Aug 2020 10:57

(Sharecast News) - Dechra Pharmaceuticals: Liberum initiates at sell with a target price of 2,740p.

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Sector movers: Travel and Leisure boosted by M&A rumours around InterContinental hotels

23rd Aug 2020 23:45

(Sharecast News) - Mergers and acquisitions news-flow continued to drive sector movements at the sector level, this time in the travel and leisure space.

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Smith & Nephew slashes costs after first-half market slump

29th Jul 2020 08:07

(Sharecast News) - Smith & Nephew reported an 18.7% fall in revenue in its first half on Wednesday, to $2.035bn (£1.57bn), as it swung to an operating loss of $5m, from a profit of $419m a year earlier.

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Wednesday broker round-up

22nd Jul 2020 13:45

(Sharecast News) - Resolute Mining: Berenberg reiterates buy with a target price of 90.0p.

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Berenberg raises target price on Smith & Nephew

10th Jul 2020 10:33

(Sharecast News) - Analysts at Berenberg slightly lowered their target price on medical equipment manufacturer Smith & Nephew from £21.65 to £21.50 on Friday, stating Covid-19 had raised questions regarding the group's future.

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Smith & Nephew quarterly revenue slides amid Covid crisis

1st Jul 2020 07:31

(Sharecast News) - Smith & Nephew said on Wednesday that it expects a second-quarter underlying revenue decline of around 29%.

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