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flag Smith & Nephew reports a 55% profit increase to $657M for Q4 2024, citing new products and cost controls.

flag Smith & Nephew, a medical tech company specializing in hip and knee replacements, reported a 55% profit increase to $657 million in the last quarter of 2024, with revenues up 7.8%. flag CEO Deepak Nath credits productivity improvements and disciplined spending for the turnaround. flag Over 60% of revenue growth came from recent product launches, and the company expects a 5% revenue increase in 2025 with higher margins.

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