Brief: Fisher & Paykel Healthcare Posts 34% Fall In FY NPAT

Fisher & Paykel Healthcare

25/05/2023 22:09

May 26 (Reuters) - Fisher & Paykel Healthcare
Corporation Ltd  FPH.NZ :
    * SEES FY24 OPERATING REVENUE OF APPROXIMATELY NZ$1.70
BILLION 
    * TOTAL OPERATING REVENUE FOR 2023 FINANCIAL YEAR WAS
NZ$1.58
BILLION, DOWN 6%
    * APPROVED FINAL DIVIDEND OF 23.0 NZ CENTS PER SHARE FOR
SECOND
HALF OF YEAR
    * FY NET PROFIT AFTER TAX NZ$250.3 MILLION, A 34% DECLINE
    * CAPITAL EXPENDITURE FOR 2024 FINANCIAL YEAR IS EXPECTED TO
BE
APPROXIMATELY NZ$450 MILLION
    * FY24 INTEREST EXPENSE IS EXPECTED TO BE APPROXIMATELY
NZ$16
MILLION
    * FOR FY24, ANTICIPATE A GROSS MARGIN IMPROVEMENT OF ABOUT
200
BASIS POINTS IN CONSTANT CURRENCY
    * FY24 OPERATING EXPENSE GROWTH IS ANTICIPATED TO BE
APPROXIMATELY
12% AT CURRENT EXCHANGE RATES
    * CONFIDENT IN ABILITY TO RETURN TO LONG-TERM TARGET OF 65%
GROSS
MARGIN WITHIN THREE TO FOUR YEARS


Further company coverage:  FPH.NZ 

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