WARSAW, Ind.--(BUSINESS WIRE)--Biomet, Inc. announced today financial results for its third fiscal quarter ended February 28, 2011. Net sales increased 1% during the third quarter of fiscal year 2011 to $678.0 million compared to net sales of $669.8 million during the third quarter of fiscal year 2010. Excluding the effect of foreign currency, net sales increased 2% during the third quarter. U.S. net sales were flat at $412.4 million during the third quarter, while Europe net sales decreased 4% (flat at constant currency) to $173.0 million and International (primarily Canada, South America, Mexico and the Pacific Rim) net sales increased 21% (14% constant currency) to $92.6 million.
