Smith & Nephew plc: Slower recovery in credit metrics offset by resilient business profile and balanced financial policy
Our credit view of this issuer reflecting temporary pressures on EBITDA and cash flow generation but solid long-term demand and relatively conservative financial policy.
Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:
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