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Fisher & Paykel Healthcare posts record profit on COVID-19 demand

Carrie LaFrenz
Carrie LaFrenzSenior reporter

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Auckland-based Fisher & Paykel Healthcare Corp has posted a record half year with net profit surging 86 per cent while revenue jumped 59 per cent, underpinned by products used in non-invasive ventilation as COVID-19 took hold around the globe.

The dual-listed company is a designer and manufacturer of products used in acute and chronic respiratory care, surgery and the treatment of obstructive sleep apnoea.

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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com

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    Original URL: https://www.afr.com/companies/healthcare-and-fitness/fisher-and-paykel-healthcare-posts-record-profit-on-covid-19-demand-20201125-p56hq1