Fisher & Paykel Healthcare logo

FPH - Fisher & Paykel Healthcare News Story

NZD29.75 -0.6  -2.0%

Last Trade - 3:59am

Sector
Healthcare
Size
Large Cap
Market Cap £8.69bn
Enterprise Value £8.60bn
Revenue £972.3m
Position in Universe 30th / 1957

BUZZ-NZ's Fisher & Paykel Healthcare climbs to 2-mth high on first-half beat

Wed 24th November, 2021 11:40pm
** Shares of respiratory products maker Fisher & Paykel
Healthcare Corporation Ltd  FPH.NZ  rise as much as 4.3% to
NZ$33.580, their highest since Sept. 24
    ** NZX's biggest co by market cap posts a 2% decline in its
first-half net profit after tax to NZ$222 mln ($152.56 mln) and
an operating revenue of NZ$900 mln, down 1% over last year
 urn:newsml:reuters.com:*:nNZWbcQdY4
    ** Co's HY results beat market expectations which were at
NZ$866 mln for revenue and NZ$200 mln for net profit
    ** Co adds it will invest about NZ$700 mln in land and
buildings and expects to add an additional three manufacturing
facilities outside New Zealand over a five-year period
    ** Stock posts its biggest intraday pct gain since Nov. 15,
on track for third straight session of gains
    ** Stock top percentage gainer on the benchmark NZX 50 index
 .NZ50 
    ** Stock has, however, lost 2.3% this year as of last close

($1 = 1.4552 New Zealand dollars)

 (Reporting by Yamini C S)
 ((Yamini.CS@thomsonreuters.com;))
© Stockopedia 2022, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.