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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.
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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