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Smith & Nephew cuts sales guidance on Chinese headwinds

By Abigail Townsend

Date: Thursday 31 Oct 2024

(Sharecast News) - Shares in Smith & Nephew tumbled on Thursday, after the medical devices firm slashed its full-year sales guidance on weaker-than-expected sales in China.
Updating on trading, the blue chip said third-quarter revenues had risen 4% to $1.4bn.

Within that, orthopaedics revenues improved by 2.3% while advanced wound...

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