Smith & Nephew Q2 and Half Year Results

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Q2 Commentary

• Reported trading profit $212 million, up 17% underlying
• EPSA increased 10% to 15.4 cents
• Orthopaedics continues to be impacted by deferred procedures
• Endoscopy achieved strong repair product sales off-set by the weak capital related market
• Advanced Wound Management delivered another good sales and profit performance
• Trading margin improved 310 basis points to 22.9%
• Interim dividend increased by 10% to 5.46¢

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