FP Healthcare shares jump 6% on revenue update

Fri, 22 Jan 2021

Shares in Fisher & Paykel Healthcare jumped 6 percent after it released a trading update showing revenue up 73 percent for the nine months ended December.Managing director Lewis Gradon said hospital hardware sales continued to be very strong given the elevated hospitalisation rates for covid-19.Revenue from hospital hardware products increased five-fold over the period, and hospital consumables grew 50 percent as demand for its products used in acute and chronic respiratory care and surgery surged. Homecare respiratory products sales grew a...

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