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F&P Healthcare forecasts 25% gain in 2010 profit on sales growth

Friday 21st August 2009

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Fisher & Paykel Healthcare forecast earnings growth in 2010 of 25% as higher-than-expected sales make up for the impact of a stronger kiwi dollar on overseas sales.

Net profit will be $75 million to $80 million in the year ending March 31, chief executive Michael Daniell told shareholders at their annual meeting today. Trading so far in the first half has been better than was expected in May, when the company previously gave profit guidance.

“Demand has been strong, and we have seen accelerating growth, as a result of the introduction of new products, in the OSA product group,” Daniell said, referring to the company’s obstructive sleep apnea products.

F&P Healthcare shares rose 2.5% to $3.33 and have climbed 11% in the past month. 

 

Businesswire.co.nz

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Get quotes for Fisher & Paykel Healthcare Corporation L (FPH)
NZX Annoucements for FPH
3 Sep 2010 RELINT: FPH: Disclosure of Director & Officers Relevant Interests
3 Sep 2010 SSH: FPH: SSH - Mondrian Investment Partners Limited
27 Aug 2010 MEETING: FPH: RESULTS OF RESOLUTIONS AT ANNUAL SHAREHOLDERS MEETING
27 Aug 2010 ADDRESS: FPH: FPH Annual Shareholders Meeting Speeches
16 Jul 2010 RELINT: FPH: Disclosure of Directors relevant interests
9 Jul 2010 MEETING: FPH: FPH Proxy Form
9 Jul 2010 ALLOT: FPH: NOTIFICATION OF ISSUE OF SECURITIES
9 Jul 2010 MEETING: FPH: FPH Notice of Annual Meeting
5 Jul 2010 DRP: FPH: DIVIDEND REINVESTMENT PLAN
1 Jul 2010 ALLOT: FPH: NOTIFICATION OF ISSUE OF SECURITIES
29 Jun 2010 ANNREP: FPH: FPH Annual Report 2010
25 Jun 2010 GENERAL: FPH: Impact of Government Budget tax changes
18 Jun 2010 RELINT: FPH: Disclosure of Director Relevant Interests
14 Jun 2010 AUDITORS: FPH: AUDIT REPORT ON ANNUAL FINANCIAL STATEMENTS YE 31.3.2010
14 Jun 2010 RELINT: FPH: Nomination of Directors
10 Jun 2010 RELINT: FPH: Disclosure of Directors and Officer Relevant Interests
31 May 2010 APPNDX7: FPH: Appendix 7
28 May 2010 DRP: FPH: DIVIDEND REINVESTMENT PLAN - LETTERS TO SHAREHOLDERS
27 May 2010 ADDRESS: FPH: FPH Presentation to Analysts and Fund Managers
26 May 2010 FLLYR: FPH: FPH REPORTS 15% GROWTH IN PROFIT TO NZ$71.6M
3 May 2010 GENERAL: FPH: FISHER & PAYKEL HEALTHCARE TO ANNOUNCE FULL YEAR RESULTS
15 Apr 2010 SSH: FPH: SSH (Schroder Investment Management Investment Limited)
12 Apr 2010 SSH: FPH: SSH (UBS Nominees Pty Ltd and its related bodies corporate)
8 Apr 2010 ALLOT: FPH: NOTIFICATION OF ISSUE OF SECURITIES
10 Mar 2010 GENERAL: FPH: FISHER & PAYKEL HEALTHCARE INTRODUCES NEW CPAP RANGE
8 Feb 2010 SSH: FPH: SSH Notice (The Capital Group Companies, Inc.)
7 Jan 2010 ALLOT: FPH: NOTIFICATION OF ISSUE OF SECURITIES
5 Jan 2010 RELINT: FPH: Disclosure of Director Relevant Interests
 
Fisher & Paykel Healthcare Corporation Limited Ord Shares

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