Tag: Lewis Gradon
F&P sees steadier growth for CPAP masks
May 31, 2024Liz Beaulieu, Editor
AUCKLAND, New Zealand – Now that the step-up in patient starts for sleep therapy has “probably washed through the previous year,” Fisher & Paykel Healthcare expects to maintain CPAP mask growth of about 10%, says CEO Lewis Gradon.
The company previously reported a 28% increase in revenue in constant currency terms for masks in the first half of financial year 2024, benefitting from significant progress in reducing a backlog of patients seeking therapy, but Gradon previously...
F&P’s Homecare group hangs on
May 27, 2022Liz Beaulieu, Editor
AUCKLAND, New Zealand – Fisher & Paykel Healthcare reported steady revenue of $469.5 million for its Homecare product group for its financial year ended March 31, 2022, despite downward pressure from supply chain constraints and the COVID-19 pandemic that have reduced new patient diagnoses and set ups.
The company reported a 1% increase in revenue for the Homecare product group for 2022 compared to the prior year and a 3% increase for OSA masks, specifically.
“That’s...
Reporter’s notebook: F&P’s growth and gross margin
December 29, 2021Liz Beaulieu, Editor
AUCKLAND, New Zealand – Fisher & Paykel Healthcare expects to make a $700 million investment in land and buildings over the next five years to accommodate future growth, say company officials.
In November, the company was “making good progress” on its third manufacturing facility in Mexico and “earthworks were underway” on its fifth building site in Auckland, said CEO Lewis Gradon.
“Once that fifth building site is complete, our current site here...
F&P Healthcare named ‘standout winner’
January 4, 2021HME News Staff
AUCKLAND, New Zealand – Fisher & Paykel Healthcare was named Company of the Year and its CEO Lewis Gradon was named Chief Executive of the Year in the Deloitte Top 200 Awards sponsored by Deloitte, the New Zealand Herald and New Zealand Media and Entertainment. Judging for the Company of the Year award included the latest financial measures, organizational performance, corporate reputation and approach to environmental management. Judges recognized F&P for its response to the COVID-19 pandemic,...