F&P Healthcare: Result 2014

The company’s obstructive sleep apnea division is back on its feet, but the hedging party is coming to an end.

Fisher & Paykel Healthcare’s revenue increased 12% to NZ$623m in the year to 31 March, while operating profit increased 27% to NZ$143m. Net profit was NZ$97m, up 26%, due to increased sales of higher-margin products and cost cutting at the company’s manufacturing facilities.

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