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Fisher & Paykel Healthcare (FPH) investor relations material

Fisher & Paykel Healthcare AGM 2025 summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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AGM 2025 summary21 Aug, 2025

Opening remarks and agenda

  • Chair welcomed shareholders in person and online, confirmed quorum, introduced directors, reviewed financials, board updates, resolutions, and Q&A.

Financial performance review

  • FY2025 operating revenue reached $2.02 billion, up 8–14% in constant currency, surpassing $2 billion for the first time.

  • Net profit after tax was $377.2 million, up 30–43% in constant currency, with gross margin rising to 62.9%.

  • Hospital business revenue was $1.28 billion (up 16%), home care $739.9 million (up 11%).

  • 10-year revenue CAGR was 11.6%, net profit after tax CAGR 12.8%; revenue has grown steadily since 2001, serving 22 million patients.

  • Outlook for FY26: revenue $2.15–2.25 billion, net profit $390–440 million, with first half revenue of $1.075 billion and net profit of $200 million.

Board and executive committee updates

  • Mark Cross joined as director and stood for election; Pip Greenwood retired after eight years.

  • Board members include Neville Mitchell, Lewis Gradon, Sir Michael Daniell, Pip Greenwood, Lisa McIntyre, Graham McLean, Mark Cross, and Cather Simpson.

  • Chair and CEO both stood for reelection; board plans to appoint another NZ-based director.

  • Board continues to support the future directors program and will announce a new participant.

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Frequently asked questions

Fisher & Paykel Healthcare Corporation Limited (FPH) specializes in designing, manufacturing, and marketing medical device products and systems for use in acute and chronic respiratory care, surgery, and the treatment of obstructive sleep apnea. The company's product portfolio is divided into hospital products, which include devices for invasive ventilation, noninvasive ventilation, nasal high flow therapy, anesthesia, and surgery, and homecare products, which consist of devices for treating obstructive sleep apnea and providing respiratory support at home. The company is headquartered in Auckland, New Zealand, and its shares are listed on the New Zealand Stock Exchange.

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