NZ's Fisher & Paykel Healthcare eyes best day in over 3 decades on dividend

Fisher & Paykel Healthcare

29/11/2022 24:57

(Adds ASX movements, updates NZX share movements)
    ** Shares of Fisher & Paykel Healthcare Corp  FPH.NZ  jump
as much as 13.5% to NZ$23.530 — their biggest intraday pct gain
since January 1991
    ** The New Zealand-based respiratory products maker says it
approved an interim dividend of 17.5 NZ cents/shr vs 17 NZ
cents/shr last year
    ** Says H2 revenue for FY23 will be higher than H1
    ** Posts HY net profit after tax of NZ$95.9 mln ($59.10
mln), down 57%
    ** Posts HY total revenue NZ$690.6 mln, down 23%
    ** Says co is now targeting constant currency operating
expense growth of approximately 8% for the full year
    ** Shares touch their highest since April 11
    ** Co's ASX-listed shares  FPH.AX  gain as much as 13.7% to
A$21.820, their biggest intraday pct gain since March 24, 2020
    ** FPH the top gainer on ASX 200 
    ** Stock has fallen 36.8% this year, as of last close 
($1 = 1.6226 New Zealand dollars)
 (Reporting by Echha Jain in Bengaluru)
 ((Echha.jain@thomsonreuters.com))