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Smith & Nephew Q1 revenue rises 3 pct on underlying basis

Reuters - UK Focus

LONDON, May 5 (Reuters) - Smith & Nephew (Frankfurt: 502816 - news) , Europe's biggest artificial hip and knee maker, reported a 3 percent rise in underlying revenue in its first quarter, helped by a return to double-digit growth in emerging markets and a solid performance in knee implants.

The company said it expected to see progress through the rest of the year after reporting revenue of $1.14 billion, broadly in line with expectations. (Reporting by Paul Sandle, editing by James Davey)