Smith & Nephew Publishes Q3 2026 Trading Update Transcript
Bitget2026/11/09 11:19- Smith & Nephew cut its 2026 underlying revenue growth forecast to approximately 3%, reflecting weak US knees and hips performance.
- At the November 4 third-quarter trading update, CEO Deepak Nath and interim CFO Pierre Palassian reported 3.4% underlying revenue growth.
- Full-year trading profit is now forecast at around USD 1.25 billion, with free cash flow of approximately USD 750 million.
- Discussions with J&J over a DePuy Synthes combination have ended; management continues actively exploring the full range of strategic options for Orthopaedics.
- LANDMARK's cemented knee version is expected in the second quarter of 2027, with meaningful commercial traction anticipated in the second half.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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