Brief: Fisher & Paykel Healthcare Sees H1 Operating Revenue NZ$670 Million

Fisher & Paykel Healthcare

19/08/2022 02:20

Aug 19 (Reuters) - Fisher & Paykel Healthcare Corporation
Ltd  FPH.NZ :
    * SEES OPERATING REVENUE FOR FIRST HALF NZ$670 MILLION
    * SEES NET PROFIT AFTER TAX TO BE APPROXIMATELY NZ$85
MILLION TO
NZ$95 MILLION FOR H1 2023
    * GROSS MARGIN FOR FIRST HALF IS EXPECTED TO BE
APPROXIMATELY 60%
    * CURRENTLY NOT PROVIDING QUANTITATIVE REVENUE OR EARNINGS
GUIDANCE FOR FULL 2023 FINANCIAL YEAR
    * TARGETING CONSTANT CURRENCY OPERATING EXPENSE GROWTH OF
APPROXIMATELY 10% FOR YEAR
    * IN FIRST HALF OF FY23, SEES HARDWARE REVENUE REDUCES TO A
PRE-PANDEMIC LEVEL BY END OF HALF
    * SEES OPERATING EXPENSES FOR FIRST HALF TO GROW BY 5% IN
CONSTANT
CURRENCY
    * BELIEVE SECOND HALF REVENUE FOR 2023 FINANCIAL YEAR WILL
BE
HIGHER THAN FIRST HALF
    * MANUFACTURING INEFFICIENCIES ARE LIKELY TO PERSIST FOR
THIS
FINANCIAL YEAR

Further company coverage:  FPH.NZ 

 ((Reuters.Briefs@thomsonreuters.com;))