F&P Healthcare boosts share market with stable revenue

F&P Healthcare boosts share market with stable revenue
Covid surges in China have resulted in another boost to sales for F&P Healthcare. (Image: F&P Healthcare)
Dan Brunskill
Fisher & Paykel Healthcare led the New Zealand share market higher today after giving earnings guidance which confirmed its declining earnings have stabilised.The S&P/NZX 50 Index rose 91.83 points, or 0.8%, to 11,977.48. Turnover was $205 million.F&P Healthcare said operating revenue for the financial year ending in March would be almost $1.6 billion, slightly below the $1.68b revenue earned the previous year.  in November, when the company reported its interim result, it declined to give guidance, warning that conditions were...

More Markets

The contest for gentailers isn’t electrons – it’s politics
Markets

The contest for gentailers isn’t electrons – it’s politics

Big spend, high stakes: gentailers outline plans that depend on political tolerance.

Air NZ’s Ravishankar grows up in public
Opinion

Pattrick Smellie: Air NZ’s Ravishankar grows up in public

The national airline’s new CEO faces plenty of challenges, some self-inflicted.

Scam protection at heart of Code of Banking Practice update
Finance

Scam protection at heart of Code of Banking Practice update

Compensation is on the cards if banks fail all five scam-protection commitments.

RBNZ staff thin on ground after asbestos reopen
Finance

RBNZ staff thin on ground after asbestos reopen

The finance minister understands the new flexible working policy for the RBNZ is near.