FTSE falls, prompted by Smith & Nephew

Medical devices firm Smith & Nephew led an exodus from the London market today after warning of slower sales growth.

FTSE falls, prompted by Smith & Nephew
Tue, 13 Sep, 2005 - 18:34

Medical devices firm Smith & Nephew led an exodus from the London market today after warning of slower sales growth.

S&N was the heaviest FTSE 100 faller, off 6% or 34.5p to 509p, after lowering revenues guidance due to the impact of Hurricane Katrina and tough competition from new products.

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CourtsBusinessHeathrowPlace: LondonPlace: New YorkPlace: AtlanticPerson: Gerry RobinsonEvent: FTSE fallsEvent: Hurricane KatrinaOrganisation: Smith & NephewOrganisation: S&NOrganisation: FootsieOrganisation: BPOrganisation: Royal Dutch ShellOrganisation: Bank of EnglandOrganisation: RentokilOrganisation: Friends ProvidentOrganisation: HBOSOrganisation: Lloyds TSBOrganisation: French ConnectionOrganisation: RedrowOrganisation: Bovis HomesOrganisation: BovisOrganisation: MisysOrganisation: BloomsburyOrganisation: AB FoodsOrganisation: Scottish PowerOrganisation: BootsOrganisation: BG GroupOrganisation: Enterprise Inns
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