Zimmer Holdings recently reported a net sales of $1.13 billion for the fourth quarter of 2010, a 2.5 percent increase over the fourth quarter of 2009, according to a company news release.
David Dvorak, president and CEO of Zimmer, attributed the company's success to operational discipline and top-line growth in all geographic segments, which resulted in improved operating margins and strong cash flow. The company plans to strengthen its leadership position in joint reconstruction.
The net earnings for the fourth quarter were $250.6 million on an adjusted basis, which was an increase of 6.1 percent over the prior year. Operating cash flow for the fourth quarter was $341 million.
The total net sales were $281 million for the knee products, $152 million for the hip products and $60 million for the spine products.
Read the Zimmer release on the 4Q FY 2010 financial report.
Read other coverage on Zimmer Holdings:
- Zimmer Launches New Mobile Bearing Knee Design
- Zimmer Holdings Acquires SoPlus Orthopaedic Surgical Power Tools
- Zimmer Finalizes Acquisition of Beijing Montagne Medical Device Co.
David Dvorak, president and CEO of Zimmer, attributed the company's success to operational discipline and top-line growth in all geographic segments, which resulted in improved operating margins and strong cash flow. The company plans to strengthen its leadership position in joint reconstruction.
The net earnings for the fourth quarter were $250.6 million on an adjusted basis, which was an increase of 6.1 percent over the prior year. Operating cash flow for the fourth quarter was $341 million.
The total net sales were $281 million for the knee products, $152 million for the hip products and $60 million for the spine products.
Read the Zimmer release on the 4Q FY 2010 financial report.
Read other coverage on Zimmer Holdings:
- Zimmer Launches New Mobile Bearing Knee Design
- Zimmer Holdings Acquires SoPlus Orthopaedic Surgical Power Tools
- Zimmer Finalizes Acquisition of Beijing Montagne Medical Device Co.