Sales Down at Hip Replacement Firm ; in Brief

Summary


FIRST-HALF sales and profits were hit at hip replacement firm Corin as a result of weak demand for its Cormet hip resurfacing product and lower sales in the US.

Sales in the six months to June 30 for the Cirencester business were Pounds 20.1m down from Pounds 22.9m a year ago, although still above the Pounds 19.4m predicted by analysts at brokerage Nomura Code.

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Extract


Sales Down at Hip Replacement Firm ; in Brief

With operating profit of just Pound...

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