F&P Healthcare says annual revenue to fall as much as 15%

Wed, 23 Mar 2022

Fisher & Paykel Healthcare said annual revenue will fall as much as 15% as the breathing mask manufacturer comes off the covid-19 boom in demand for products.The company said annual revenue will probably be between $1.66 billion and $1.7b in the year ending March 31, down from $1.97b a year earlier.Sales in the company’s dominant hospital products business were consistent through the year, coming back from the rampant demand F&P Healthcare experienced at the height of the pandemic.“This is consistent with reports of the incr...

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