Smith & Nephew H1 Pre-tax Profit Rises - Quick Facts

(RTTNews) - Smith & Nephew Plc. (SN.L, SNN), a medical technology company, Thursday said its first-half profit before taxation advanced to $411 million from $349 million reported last year.

Attributable profit was $295 million, compared to $239 million last year. Earnings per share advanced to 32.8 cents from 26.6 cents.

First-half revenues totaled $2.272 billion, compared to $2.220 billion in the prior year.

Revenue grew 2 percent in the second quarter to $1.168 billion from $1.147 billion in the prior year. Underlying growth was 5 percent.

Further, the firm said the interim dividend for the first half of 2015 is 11.8 cents per share, compared with 11.0 cents last year.

The company continues to expect to deliver higher underlying revenue growth in 2015 and a year-on-year improvement in trading profit margin.