Smith & Nephew plc (SNN) CEO Roland Diggelmann on Q4 2021 Results - Earnings Call Transcript

Feb. 22, 2022 9:29 AM ETSmith & Nephew plc (SNN), SNNUF
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Smith & Nephew plc (NYSE:SNN) Q4 2021 Earnings Conference Call February 22, 2022 3:30 AM ET

Company Participants

Roland Diggelmann - Chief Executive Officer

Anne-Francoise Nesmes - Chief Financial Officer

Conference Call Participants

Hassan Al-Wakeel - Barclays

Tom Jones - Berenberg

Veronika Dubajova - Goldman Sachs

Lisa Clive - Bernstein

David Adlington - JPMorgan

Chris Gretler - Credit Suisse


Hello all and a warm welcome to the Smith & Nephew Fourth Quarter and Full Year 2021 Results Call. My name is Lydia and I will be your operator today.

Certain statements in this presentation are forward-looking statements. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. Actual results may differ materially from those included in those statements due to a variety of factors. More information about these factors is contained in the company's filings with the Securities and Exchange Commission. [Operator Instructions]

It's my pleasure to now hand you over to our host Roland Diggelmann, Chief Executive Officer. Please go ahead, when you're ready.

Roland Diggelmann

Thank you, operator, and good morning, everyone, and welcome to the Smith & Nephew fourth quarter and full year 2021 results call. With me is Anne-Francoise Nesmes, our Chief Financial Officer.

I'd like to make a few opening comments, before we get into the details of the results. Also I'm sure you'll have seen the announcement of me leaving Smith & Nephew and the appointment of Deepak Nath as new CEO and I'll of course come back to that at the end.

We set out our strategy for growth in December to transform to a structurally higher-growth company and rebuild our trading margin. We've taken an important step already by delivering on the guidance we set in April last year, on both revenue and trading margin.

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