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STRYKER PROFITS UP 27 PERCENT FOR QUARTER ENDED JUNE 30, 1993

 KALAMAZOO, Mich., July 16 /PRNewswire/ -- Stryker Corporation (NASDAQ-NMS: STRY) reported today that net sales for the second quarter ended June 30, 1993, were $140,012,000, representing a 20-percent increase over sales of $117,084,000 in the second quarter of 1992. Net earnings for the quarter increased 27 percent to $14 million from $11,050,000 in 1992 and net earnings per share increased 26 percent to $0.29 from $0.23.
 During the first half of 1993, net sales increased 20 percent to $275,214,000 from $229,674,000 for the same period last year. Net earnings were $28,450,000, equal to $0.59 per share, compared to $22,080,000, or $0.46 per share, in 1992, representing a 29-percent increase in net earnings and a 28-percent increase in net earnings per share.
 Sales of Surgical products increased 17 percent in the second quarter and 18 percent for the first half of 1993 compared to 1992. The leading Surgical sales gains came from orthopedic implants, endoscopic systems and powered surgical instruments.
 Sales of Medical products increased 32 percent in the second quarter and 27 percent for the first half of 1993 compared to 1992. The Medical sales gain resulted from increased shipments of patient-handling equipment and increased revenues from physical therapy services.
 International sales increased 25 percent in the second quarter, led by Osteonics orthopedic and Dismo spinal implant sales by the Pacific and Europe Divisions and endoscopic system sales by the Pacific and Americas Divisions. International sales were 34 percent of total sales in the first six months of 1993 compared to 33 percent in 1992.
 Stryker Corporation develops, manufactures and markets specialty surgical and medical products including orthopedic implants, powered surgical instruments, endoscopic systems and patient-handling equipment for the global market. Its shares are traded in the over-the-counter market on the NASDAQ National Market System under the symbol STRY.
 STRYKER CORPORATION
 SECOND-QUARTER RESULTS
 PERCENT
 1993 1992 CHANGE
 Sales $140,012,000 $117,084,000 20
 Pre-tax earnings 22,550,000 17,820,000 27
 Net earnings 14,000,000 11,050,000 27
 Net earnings per share .29 .23 26
 Average shares outstanding 48,356,000 47,672,000 1
 SIX MONTHS ENDED JUNE 30
 PERCENT
 1993 1992 CHANGE
 Sales $275,214,000 $229,674,000 20
 Pre-tax earnings 45,850,000 35,610,000 29
 Net earnings 28,450,000 22,080,000 29
 Net earnings per share .59 .46 28
 Average shares outstanding 48,337,000 47,657,000 1
 -0- 7/16/93
 /CONTACT: David J. Simpson, vice president, chief financial officer and secretary, Stryker, 616-385-1062/
 (STRY)


CO: Stryker Corporation ST: Michigan IN: MTC SU: ERN

KE-DS -- DE003 -- 2328 07/16/93 08:34 EDT
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Date:Jul 16, 1993
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