UPDATE: F&P Healthcare lifts 1H profit, dividend on strong sales

Sun, 25 Nov 2018

(Updates with share price reaction from third paragraph, litigation costs from seventh.) By Gavin Evans Nov. 26 (BusinessDesk) - Fisher & Paykel Healthcare reported a record $97.4 million interim profit on record sales across its two divisions. Net profit rose 20 percent in the six months through September, and was 14 percent higher on a constant currency basis, the Auckland-based maker of hospital equipment and personal sleep apnoea products said. That beat the firm’s $95 million forecast and saw it raise its interim dividend by 11...

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