Smith & Nephew's 2022 performance weighed down by inflation and currency headwinds

The medtech company expects underlying revenue growth of 5–6% in 2023 though its earnings margin will continue to experience negative impacts from increasing commodity prices and wages.
Photo: Emil Agerskov
Photo: Emil Agerskov
by marketwire, translated by daniel pedersen

Smith & Nephew exited 2022 with a weaker operating profit than anticipated after a year plagued by currency headwinds and increasing costs. 

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