Solid First Quarter Performance
Zimmer Biomet reported a 2.3% sales growth on a constant currency basis, with notable growth in U.S. Hips up nearly 4% and mid-single digit growth in S.E.T.
Positive Pricing Trend
Consolidated pricing was positive for the fifth consecutive quarter, marking a 10 basis points increase, contributing to the overall revenue.
Successful Integration of Paragon 28
The Paragon 28 acquisition was successfully integrated with minimal disruption, retaining key leadership and the U.S. sales channel, expected to contribute 270 basis points to 2025 sales growth.
Strong Free Cash Flow
Zimmer Biomet generated $279 million in free cash flow, demonstrating robust cash generation and working capital improvements.
Continued Innovation and Product Launches
The company is focusing on new product introductions, including the Persona OsseoTi Cementless Knee and Oxford Partial Cementless Knee, with significant training efforts underway.