By Laura Dyrda
Stryker reported net sales were up in the second quarter of 2015 and expect sales to continue growing for the remainder of the year.
Her are 10 things to know from the financial report:
1. The company’s consolidated net sales were up 2.9 percent in the quarter to $2.4 billion. The foreign currency exchange rates negatively impacted net sales by 4.7 percent. Excluding the 0.7 percent impact of acquisitions, net sales in the quarter increased 6.9 percent.
2. The company’s net sales were up due to increased unit volume, but was offset by lower prices.
3. The net sales in the orthopedics line were flat at $1 billion. The foreign exchange rates also negatively impacted orthopedics line sales.
