Smith & Nephew Cuts Revenue Growth Forecast on Weak Knee Implant Demand
Guidance·1 article across 1 outlet
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Smith & Nephew Plc cut its revenue-growth forecast for the fiscal year after weaker demand for hip and knee implants in the US.
The company is facing challenges in its sales growth due to this decline in demand, particularly in the knee implant segment.
Smith & Nephew
Sources
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“Smith & Nephew Plc cut its revenue-growth forecast for the fiscal year after weaker demand for hip and knee implants in the US.”
Bloomberg — Smith & Nephew Sales Growth to Slow on Knee Implant Demand