Smith & Nephew Shares Driven Down After Disappointing Sales Growth
The Scotsman › August 06, 2004
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Summary
SMITH & Nephew, the blue-chip medical devices firm, became the latest victim of the turbulent market-place yesterday as its shares shed 10 per cent on the back of disappointing sales.
The group, often seen as a growth prospect due to supposed opportunities in orthopaedics, lost 52.5p to 481p as business slowed in its second quarter.See the full content of this document
Extract
Smith & Nephew Shares Driven Down After Disappointing Sales Growth
Smith & Nephew, which specialises in old-age products such as replacement hips, said sales were up 2 pe...
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