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F&P Healthcare downgrades earnings guidance on litigation costs

Intellectual property battle with ResMed continues.

Dane Ambler Mon, 03 Sep 2018

Fisher & Paykel Healthcare has downgraded its earnings guidance by $5-10 million for the financial year ended March 31, 2019, due to the legal costs it expects to incur in contesting a US lawsuit.

At its annual meeting last month, chief executive Lewis Gradon told shareholders that assuming a

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F&P Healthcare downgrades earnings guidance on litigation costs
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