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FPH - Fisher & Paykel Healthcare News Story

NZD33.53 -0.4  -1.1%

Last Trade - 5:18am

Sector
Healthcare
Size
Large Cap
Market Cap £10.17bn
Enterprise Value £10.14bn
Revenue £834.4m
Position in Universe 30th / 1907

BUZZ-NZ's Fisher & Paykel Healthcare hits near 3-week high on HY profit jump

Wed 27th November, 2019 2:51am
** Medical devices maker's shares  FPH.NZ  rise as much as
1.1% to NZ$20.990, their highest since Nov. 15
    ** Posts H1 net profit of NZ$121.2 mln ($77.65 mln), up 24%
on the same period last year; operating rev rises 12%
 urn:newsml:reuters.com:*:nFWN2860G3
    ** Sees FY20 net profit between NZ$255 mln to NZ$265 mln and
operating revenue of about NZ$1.19 bln 
    ** Expects constant currency hospital revenue growth for
second half of the year to be similar to that of H2 of FY19
    ** Stock up ~60% this year, as of last close


($1 = 1.5608 New Zealand dollars)

 (Reporting by Shruti Sonal in Bengaluru)
 ((Shruti.Sonal@thomsonreuters.com;))
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