Jul 31, 2019 / 07:30AM GMT
Namal Nawana - Smith & Nephew plc - CEO & Executive Director
Good morning, and welcome to Smith+ Nephew's First Half 2019 Results Presentation. I'm joined by Graham Baker, Chief Financial Officer; Simon Fraser, President of Advanced Wound Management; and Phil Cowdy.
I'll start by sharing the highlights of our half year numbers, with 3.9% underlying growth and improved trading profit margin of 21.4%. Then Simon will give you an update on our Wound business globally, and in particular, on our acquisition of Osiris. Third, Graham will provide details of our updated guidance for the full year.
So firstly, our results for the first half of 2019. We finished the half with revenue of $2.5 billion. That's 3.9% underlying growth and 1.8% reported. Growth at constant exchange rates and including the benefit of acquisitions was 6%. Our trading profit margin of 21.4% was 60 basis points higher than in the first half of last year, and adjusted earnings per share of $0.46 grew faster than revenue at plus 5%.
Smith+ Nephew is delivering on its commitment to accelerate our revenue
Q2 2019 Smith & Nephew PLC Earnings Call Transcript
Feb 11, 2024
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers