Edison Investment Research - Smith Nephew (SN) Update: Growth on an accelerating path

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Edison Investment Research

Update: Growth on an accelerating path

Smith & Nephewâ€™s growth acceleration and margin expansion in Q2 should continue in H215, more reflecting internal changes than improvements in market fundamentals. Its c 13% premium on 2015 P/E to its global ortho peers is supported by its brisker growth and strategic value.

09/09/2015 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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Update: Growth on an accelerating path

QuickView: Stronger H2 needed to deliver 2016 targets

QuickView: Well placed to deliver on 2015 targets

The Pebble Group - Two distinct businesses in one

MotorK - Strong pipeline and cash target reaffirmed

Newron Pharmaceuticals - Evenamide notches up another win (study 008A)

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