F&P Healthcare boosts first-half profit 27%; affirms full-year forecast

Thu, 26 Nov 2015

By Tina Morrison Nov. 27 (BusinessDesk) - Fisher & Paykel Healthcare, the medical device maker, increased first-half profit by 27 percent and affirmed its expectation for full-year earnings. Profit rose to a record $62 million, or 10.9 cents per share, in the six months ended Sept. 30, from $48.9 million, or 8.6 cents, in the year earlier period, the Auckland-based company said in a statement. Revenue rose 20 percent to $381 million. The results are in line with the company's forecasts for profit of about $60 million and revenue of $380 m...

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