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Home Industry News Zimmer boost sales by 7.5 percent

Zimmer boost sales by 7.5 percent

5th August 2011

Zimmer has unveiled its sales figures for the second quarter of the year and seen its net figure rise by 7.5 percent to $1.137 billion (697 million pounds).

In constant-currency terms, this represents a 2.1 percent increase and the company's president and chief executive David Dvorak described the performance as "solid".

Zimmer also revealed that diluted earnings per share gained 11 percent year on year to reach $1.06, which is the equivalent of $1.21 adjusted.

"Our results reflect improved sales execution in support of new product introductions across our diverse geographic channels, as well as the positive impact of operational improvement initiatives," added Mr Dvorak.

The firm achieved net earnings of $203.8 million during the three-month period, while operating cash flow stood at $251 million.

Earlier this summer, Zimmer showcased its Patient Specific Instruments in Copenhagen as part of the 12th annual European Federation of National Associations of Orthopaedics and Traumatology.ADNFCR-8000103-ID-800691772-ADNFCR

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