Fisher & Paykel Healthcare reports record full year result, achieves revenue milestone of NZ$1 billion

Company News

by Anna Napoli

Fisher & Paykel Healthcare (ASX:FPH) has today announced a record result for the 2019 financial year, with net profit after tax up 10 per cent to NZ$209.2 million.

The appliance company also reached the milestone of achieving over NZ$1 billion in revenue, with operating revenue up 9 per cent to a record NZ$1.07 billion.

A final dividend of 13.5 cents per share, carrying full New Zealand imputation credit, will be paid on 5 July 2019.

Looking forward the company says it full year operating revenue for the 2020 financial year to be about NZ$1.15 billion and net profit after tax to be approximately NZ$240 million to NZ$250 million.

Shares in Fisher & Paykel Healthcare (ASX:FPH) Closed 1.09 per cent higher at $15.80 on Friday.

 

Anna Napoli

Finance News Network
Anna joined FNN February 2018 and also works with Channel 7 as a freelance producer. Anna has also worked as a lawyer and lecturer. She has also presented news updates for interstate news with Southern Cross Austereo.