Medtronic Reports First Quarter Financial Results - Seite 2

Cardiac and Vascular Group
The Cardiac and Vascular Group (CVG) includes the Cardiac Rhythm & Heart Failure (CRHF), Coronary & Structural Heart (CSH), and Aortic & Peripheral Vascular (APV) divisions. CVG worldwide first quarter revenue of $2.646 billion increased 5 percent, or 6 percent on a constant currency basis. CVG revenue performance was driven by strong, balanced growth across all three divisions.

• CRHF first quarter revenue of $1.390 billion increased 4 percent, or 5 percent on a constant currency basis. Arrhythmia Management growth was driven by high-teens growth in AF Solutions on a constant currency basis, increased penetration of the Micra^® transcatheter pacing system, strong adoption of the TYRX(TM) absorbable antibacterial envelope, and continued global demand for the Reveal LINQ^® insertable cardiac monitor. Heart Failure growth was driven by strong demand for Medtronic's recently launched portfolio of quadripolar cardiac resynchronization therapy-pacemakers (CRT-P), as well as growth in left ventricular assist devices (LVAD) as the business accelerates sales resulting from the company's second quarter fiscal year 2017 acquisition of HeartWare International, Inc.
• CSH first quarter revenue of $817 million increased 7 percent, or 8 percent on a constant currency basis, led by high-thirties growth on a constant currency basis in transcatheter aortic valves as a result of strong customer adoption of the CoreValve^® Evolut^® PRO platform in the U.S. and continued demand for the CoreValve^® Evolut^® R 34mm valve in the U.S. and Europe.
• APV first quarter revenue of $439 million increased 4 percent, or 5 percent on a constant currency basis. Aortic growth was led by the continued strength of the Endurant^® IIs aortic stent graft and solid adoption of the Heli-FX^® EndoAnchor^® System. Peripheral was driven by low-double digit growth in both atherectomy and drug-coated balloons.

Minimally Invasive Therapies Group
The Minimally Invasive Therapies Group (MITG) includes the Surgical Solutions and the Patient Monitoring & Recovery (PMR) divisions. MITG worldwide first quarter revenue of $2.486 billion increased 3 percent on both a reported and constant currency basis. MITG first quarter revenue growth reflected mid-single digit growth in Surgical Solutions and low-single digit growth in PMR.