Smith & Nephew Plc
25 June 2001
25 June 2001
SMITH & NEPHEW INDICATES STRONG START TO 2001
Smith & Nephew, the global medical devices company, today provided an update
ahead of the close period preceding the Interim Results announcement on 2
August 2001.
The first half of 2001 has seen the completion of Smith & Nephew's three year
strategic restructuring, with BSN Medical, the joint venture with Beiersdorf,
coming into operation and the completion of the sale of the Ear, Nose and
Throat business.
There has been a strong start to the year, with positive market conditions and
the group's investment in new products and its sales force accelerating
underlying sales growth in the ongoing businesses to 12%.
Chris O'Donnell, Chief Executive, said: 'This strong start to the year has
given us the confidence that our focus on advanced medical devices is working
and that our investments in new products and sales force are paying off.'
Enquiries:
Chris O'Donnell Tel: +44 (0) 20 7401 7646
Smith & Nephew plc
Peter Hooley Tel: +44 (0) 20 7401 7646
Smith & Nephew plc
Margaret Stewart Tel: +44 (0) 20 7401 7646
Smith & Nephew plc
David Yates Tel: +44 (0) 20 7831 3113
Financial Dynamics
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