UPDATE: F&P Healthcare says earnings will increase further this year

Fri, 29 May 2015

(Adds investor comment starting in fifth paragraph, updates shares) By Tina Morrison May 29 (BusinessDesk) - Fisher & Paykel Healthcare, the medical device maker, beat its forecast for annual profit and said earnings would rise further in the coming year. Net profit rose 17 percent to $113.2 million in the year ended March 31, ahead of its forecast range of $105 million to $110 million, the Auckland-based company said in a statement. Revenue increased 8 percent to $672.3 million, ahead of the forecast $660 million. The company today...

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