Fisher & Paykel Healthcare’s annual profit has nearly tripled, rebounding strongly from a year impacted by one-off items, with underlying profit up 6 percent when those anomalies are excluded.
The company surpassed $2 billion in revenue, fuelled by strong global demand for hospital respiratory equipment and sleep apnoea masks.
While the company faces a 50-basis point margin hit from US tariffs on New Zealand-sourced hospital products, it expects gross margins to improve through operational efficiencies.
Managing director Lewis Gradon emphasized a continued focus on mitigating cost pressures through process improvements. The firm projects 2026 revenue between $2.15 billion and $2.25 billion, with net profit forecast between $390 million and $440 million.
Maybe Fisher & Paykel pour some of that money into improving their shitty household appliances?
Yeah Right.
Maybe Fisher & Paykel pour some of that money into improving their shitty household appliances?
Yeah Right.
They have nothing to do with whiteware. It is a separate entity focusing on medical equipment.
It is NOT a separate entity but designed to furbish a sub-corporate. All cheeks of the same arse.