Fisher & Paykel Healthcare Releases 1H20 Results, Records 24% Growth In NPAT

Fisher & Paykel Healthcare Corporation Limited (ASX: FPH) has released its 1H FY2020 for the period ended 30 September 2019.

  • Operating revenue for the period was NZD 570.9 million, 12% above the previous corresponding period (pcp).
  • Net profit after tax increased by 24% to NZD 121.2 million.
  • The hospital product group provided a 19% growth in operating revenue.
  • Strong demand for OptiflowTM and AirvoTM systems was noted.
  • Gross margin increased by 26 basis points to 67.1% on pcp.
  • The Company’s Directors approved an interim dividend of 12 cents per ordinary share, to be paid on 19 December 2019.

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