Convatec surges on strong Q3, raises guidance By Investing.com
Strong Revenue Growth: Convatec's shares rose 20% after reporting a 7.7% increase in organic revenue for the first ten months of 2024, exceeding its previous guidance and prompting an upward revision of its full-year growth forecast to 7.25%-8.0%.
Positive Outlook and Segment Performance: The company anticipates continued double-digit growth in earnings per share and free cash flow, driven by strong demand in its Advanced Wound Care division and steady growth across other segments, while also preparing for future margin expansion.
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Strong Revenue Growth: Convatec's shares rose 20% after reporting a 7.7% increase in organic revenue for the first ten months of 2024, exceeding its previous guidance and prompting an upward revision of its full-year growth forecast to 7.25%-8.0%.
Positive Outlook and Segment Performance: The company anticipates continued double-digit growth in earnings per share and free cash flow, driven by strong demand in its Advanced Wound Care division and steady growth across other segments, while also preparing for future margin expansion.








