SNN•Smith & Nephew updated its 2026 outlook, forecasting about 3% underlying revenue growth, $1.25 billion in trading profit and $750 million in free cash flow. Third-quarter underlying revenue rose 3.4% to $1.55 billion, while US knee and hip revenue fell 7.3% and 1%, respectively.
Smith & Nephew updated its 2026 outlook to reflect US reconstruction trading, forecasting approximately 3% underlying revenue growth. It expects trading profit of approximately $1.25 billion, about 4% reported growth, and free cash flow of approximately $750 million.
Third-quarter revenue rose 3.4% on an underlying basis to $1.55 billion, accelerating from 1.6% growth in the second quarter. US knee revenue fell 7.3%, reflecting portfolio mix relative to market demand, while US hip revenue declined 1%.
