Fisher & Paykel Health in good shape

Wilson Asset Management

Wilson Asset Management

Today, Fisher & Paykel Healthcare Corp Limited (ASX: FPH) announced a record net profit after tax of NZ$143.4 million for the year ended 31 March 2016, a 27% increase from the prior year. The company said the profit exceeded expectations of NZ$135-NZ$140 million. FPH shares closed up 2.2% for the week. We do not own FPH in the investment portfolio.

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Wilson Asset Management

Wilson Asset Management has a track record of making a difference for shareholders and the community for more than 20 years. As the investment manager for eight leading LICs – WAM Capital (ASX: WAM), WAM Leaders (ASX: WLE), WAM Global (ASX: WGB),...

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