Stryker's sales up 10%, net income up 20%
This article was originally published in Clinica
Executive Summary
US company Stryker reported a 10% increase in sales to $240 million in the first quarter, while net income rose 20% to $30 million. Higher shipments of orthopaedic implants, powered surgical instruments and endoscopic equipment led to a 12% rise in US sales. International sales increased 7% as strong shipments of surgical products more than offset currency effects.