Medical technology specialist Smith & Nephew has reported a 6.9 per cent increase in first quarter revenues.
Continued strong growth in sports medicine, ear, nose and throat and advanced wound management divisions, together with an improved performance in orthopaedics have been credited with driving the Hull-founded business’s £44 million uplift, keeping the period’s sales above the £1 billion mark.
Sports medicine and ENT hit double digit growth at 10 per cent, with advanced wound management up 7.9 per cent. The London and New York listed firm is awaiting permission to build a £94 million base in Melton, East Yorkshire, moving just outside of its home city.
