F&P Healthcare could be hit by rising kiwi dollar
Consensus forecast downgrades likely, analyst says.
Calida Smylie
Thu, 07 Jul 2016
The stronger New Zealand dollar could hit Fisher & Paykel Healthcare [NZX: FPH] in the pocket, as its hedging buffer wears off.
Late last month, F&P gave 2017 earnings guidance for revenue of $900 million and net profit after tax of between $165-170 million.
Since then, the New Zealand dollar,
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Calida Smylie
Thu, 07 Jul 2016
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