Smith & Nephew PLC reported strong second quarter results for 2025 with revenue growth of 7.8% (totaling $1.553 billion) and operating profit up 30.6%, maintaining a full-year guidance of 5.0% revenue growth while announcing a $500 million share buyback. Significant developments include a 14.1% increase in earnings per share to 42.9 cents and a substantial improvement in cash flow with free cash flow rising to $244 million compared to $39 million in the previous year.