F&P Healthcare: Interim result 2016

This maker of sleep apnea masks and flow generators consistently beats our expectations and it's time to revisit the price guide.

Fisher & Paykel Healthcare has a knack for beating our expectations and it's done it again, with a 20% increase in revenue to NZ$381m for the six months to 30 September, due to the growing popularity of its new range of high-margin masks.

Net profit was up an even more impressive 27% to NZ$62m thanks to cost-cutting initiatives that expanded the gross margin by 2.8 percentage points to 63.3%.

Net profit up 27%

Strong growth expected to continue

Raising price guide; Hold


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles