Fisher and Paykel lifts H1 profit, raises FY guidance

Company News

Fisher and Paykel Healthcare Corp Limited (ASX:FPH, NZE:FPA) has lifted its half year net profit by 18 per cent to $26.2 million.

The dual listed kitchen appliance manufacturer achieved record operating revenue of $209.8 million for the period.

CEO Michael Daniell says revenue growth from new applications in the period has been encouraging.

Looking ahead, Fisher and Paykel has increased its full year net profit guidance by up to $3.1 million and expects to generate a net profit of up to $57 million.

Fisher and Paykel will pay a fully franked interim dividend of 4 cents per share.

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