F&P Healthcare flags 14% revenue growth in first half

Lewis Gradon said revenue from obstructive sleep apnoea masks was stronger. (Image: F&P Healthcare)

Tue, 29 Aug 2023

Fisher & Paykel Healthcare is forecasting first-half profit to rise by about 14% and expects to return to improving profitability by the end of September. The healthcare products maker said it expects operating revenue to be roughly $790 million in the six months ending Sept 30, up from the $690.6m it reported a year earlier and is targeting net profit to bet between $95m and $105m compared to $95.9m in the prior period. “For the first four months of the 2024 financial year, revenue from OSA [obstructive sleep apnoea] m...

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