Edison Investment Research - Smith Nephew (SN) QuickView: Well placed to deliver on 2015 targets

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Edison Investment Research

QuickView: Well placed to deliver on 2015 targets

Smith & Nephewâ€™s Q115 was bolstered by a recovery in Advanced Wound Care, the ArthroCare integration and its emerging markets exposure. We believe the company is well on track to raise its sales growth and trading profit margin in FY15e. Its 16% FY15 P/E premium to its global orthopaedic peers is supported by its improving growth profile and its strategic value.

07/05/2015 2 EN

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Smith & Nephew

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United States

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Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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QuickView: Well placed to deliver on 2015 targets

QuickView: Stronger H2 needed to deliver 2016 targets

Update: Growth on an accelerating path

QuickView: Well placed to deliver on 2015 targets

Ultimovacs - Steadfast commitment to UV1 progression

OSE Immunotherapeutics - AbbVie deal clears antitrust hurdle

Foxtons Group - FY24 underpinned by market share gains

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