Kane Slutzkin's questions to SMITH & NEPHEW (SNN) leadership • H1 2025
Question
Kane Slutzkin of Deutsche Numis asked about the company's confidence in achieving market growth rates for U.S. Recon by year-end and requested details on the nature of discussions with activist investor Sapiens.
Answer
CEO Deepak Nath reiterated that reaching market growth in U.S. Recon by year-end remains the goal, although the contribution mix between hips and knees might vary. Regarding Sapiens, he confirmed that the company maintains an open, constructive, and ongoing dialogue with all its shareholders, including the activist investor.