Brief: Fisher & Paykel Healthcare Corporation Says Approved Increased Final Dividend Of 22.5 NZ Cents Per Share

Fisher & Paykel Healthcare

24/05/2022 21:43

May 25 (Reuters) - Fisher & Paykel Healthcare Corporation
Ltd  FPH.NZ :
    * APPROVED AN INCREASED FINAL DIVIDEND OF 22.5 NZ CENTS PER
SHARE
    * DIRECTORS ALSO APPROVED A PROFIT-SHARING PAYMENT TOTALLING
NZ$19
MILLION FOR 2022 FINANCIAL YEAR
    * FY OPERATING REVENUE 15% DECLINE TO NZ$1.68 BILLION
    * FY NET PROFIT AFTER TAX NZ$376.9 MILLION, 28% DECLINE
    * EXPECT TO INVEST APPROXIMATELY NZ$700 MILLION IN LAND AND
BUILDINGS OVER APPROXIMATELY FIVE YEARS
    * DO NOT EXPECT HOSPITAL HARDWARE REVENUE FOR 2023 FINANCIAL
YEAR
TO CONTINUE AT FY22 LEVELS
    * LAUNCHED TWO NEW PRODUCTS DEVELOPED SPECIFICALLY FOR USE
IN
ANESTHESIA APPLICATIONS
    * EXPECT TO HOLD HIGHER LEVELS OF INVENTORY TO HELP ADDRESS
GLOBAL
SUPPLY CHAIN CHALLENGES
    * NOT CURRENTLY PROVIDING QUANTITATIVE REVENUE OR EARNINGS
GUIDANCE FOR 2023 FY
    * HOSPITAL CONSUMABLES SUBSEQUENT TRADING TO DATE IS
EXHIBITING A
SLOW RECOVERY FROM FEBRUARY
    * IF FREIGHT RATES REMAIN AT CURRENT LEVELS, EXPECT CONSTANT
CURRENCY GROSS MARGIN IN 2023 FY TO BE IN LINE WITH 2022 FY
    * UNVEILS NEW AIRVO 3 HIGH FLOW SYSTEM

Source text for Eikon:  ID: 
Further company coverage:  FPH.NZ