F&P Healthcare lifts earnings guidance on early approval of Vitera mask

Mon, 14 Oct 2019

Fisher & Paykel Healthcare Corp has upgraded revenue and earnings guidance after gaining US regulatory clearance for its new sleep mask earlier than expected. The company said it expects operating revenue of $1.19 billion for the 12 months to March 31, 2020. That's up from the previous estimate provided in August, when it held its annual meeting, was $1.17 billion. Net profit after tax is now forecast at $255 million to $265 million, up from earlier guidance of $245 million to $255 million. The new estimate assumes an exchange rate of a...

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