Financial Performance

During fiscal year 2010, Medtronic had strong market-leading performance. Revenue grew 8 percent over fiscal year 2009 to $15.817 billion, and net earnings grew 50 percent to $3.099 billion. International revenue grew to $6.451 billion, up 15 percent over the prior fiscal year, and represented 41 percent of total company revenues.

These results reflect successful execution on our strategy to increase global reach through acquisitions and investments in operations. Our performance in international markets also underscores the great potential Medtronic has to accelerate global growth and reach millions more patients around the world. For a detailed description of our financial performance, see Medtronic’s 2010 Annual Report.

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