Smith & Nephew PLCSN
▲ PositiveCapitalrelevance
Q2 EPS and revenue beat, trading profit up 8.1%, margin expanded, strong cash flow.

Smith & Nephew reported second-quarter GAAP earnings per share of $0.36 on revenue of $1.6 billion, up 3.2% year-over-year. Trading profit for the first half reached $566 million, an 8.10% increase year-over-year, expanding the trading profit margin by 60 basis points to 18.30%. Cash generated from operations reached $605 million.
Smith & Nephew PLCQ2 EPS and revenue beat, trading profit up 8.1%, margin expanded, strong cash flow.