UPDATE: F&P Healthcare posts 12% rise in 2018 profit, forecasts record profit for 2019

Mon, 28 May 2018

(Adds share price reaction, broker comment starting in third paragraph.) By Tina Morrison May 28 (BusinessDesk) - Fisher & Paykel Healthcare, New Zealand's biggest listed healthcare technology company, lifted 2018 annual profit to the top end of its forecast range and said it expects record earnings in the coming year as it benefits from growing global demand. The Auckland-based company said profit rose 12 percent to $190.2 million in the year ended March 31, at the top end of its November forecast for $185 million to $190 million. Op...

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