F&P Healthcare: Interim result 2014

This provider of respiratory care products has reported another excellent result.

Fisher & Paykel Healthcare has released an excellent result for the half-year to 30 September, with net profit up 34% to NZ$45m and revenue up 14% to NZ$304m. Ignoring currency effects, earnings before interest and tax rose 43%.

An interim dividend of NZ 5.4 cents was declared (ex date 2 Dec). Non-NZ shareholders will receive an additional 0.9529 NZ cents per share in lieu of imputation credits for a current yield of 4.0%.

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