Stryker Corp.(SYK): On July 21, the diversified company reported that – excluding the contribution of Sage Products Inc. and Physio-Control Inc., which Stryker acquired over the last-year – net sales in the second quarter of 2016 were up 6.6% year-over-year in constant currency. Unit volume grew 7.9% while pricing pressure dragged sales growth by 1.3%. (See Figure 1)
Stryker’s MedSurg division’s sales were up 34.2% in constant currency, and 8.5% in constant-currency minus the contribution of recent acquisitions.