Fisher & Paykel Healthcare designs and manufactures a range of healthcare devices for acute care, respiratory care and sleep apnea. Shares in the company (FPH) are listed on the New Zealand Stock Exchange (NZX) and all prices are listed in New Zealand dollars.
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Founded in New Zealand in 1969, Fisher & Paykel Healthcare first started life as a division of Fisher & Paykel Industries. Though Fisher & Paykel Industries is best known as an appliance manufacturer, it expanded into the healthcare sector in the late 1960s with the creation of a ventilator for use in respiratory care.
The medical division of the company grew quickly and was renamed Fisher & Paykel Healthcare by 1990. Fisher & Paykel Industries then separated into separate healthcare and appliance companies in 2001, with Fisher & Paykel Healthcare listed publicly on the NZX and Australian Securities Exchange (ASX).
Today, the company specialises in products used in respiratory care, surgery and the treatment of sleep apnea. Fisher & Paykel Healthcare’s respiratory products and therapies are now in use in hospitals and homes in over 120 countries.
In its half-year report released in November 2020, Fisher & Paykel Healthcare reported a record net profit increase of 86%. The company’s net profit after tax was $225.5 million, with operating revenue of $910.2 million.
This performance was influenced in part by the COVID-19 pandemic, which led to an increase in demand for Fisher & Paykel Healthcare’s respiratory care products and systems.
|Name||Fisher & Paykel Healthcare Corporation Limited||Industry||Medical Instruments & Supplies|
|Type||Ordinary shares||Date listed on NZX||1 Nov 1979|
|End of financial year||March||Chief executive officer||Lewis Gradon|
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