F&P Heathcare lifts guidance on accelerating demand

Tue, 18 Aug 2020

Fisher & Paykel Healthcare shares jumped as much as 6.8 percent after the company hiked its guidance on accelerated demand for its hospital-care respiratory products.The company – which is producing highly sought-after products for treating patients with respiratory issues – now expects full year operating revenue for the 2021 financial year to be approximately $1.61 billion and net profit after tax to be approximately $365 million to $385 million.In June, it said full year operating revenue for the 2021 financial year would be...

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