Fisher & Paykel

DCC helping business

DCC helping business

The report behind the Dunedin City Council's decision to invest further in the Wall Street mall, plus the adjacent Penroses building, is clear in its recommendations.

Haier assures Dunedin delegation over F&P

Chinese manufacturing giant Haier has confirmed its commitment to strengthening the Fisher and Paykel design centre in Dunedin, the Dunedin City Council says.

Right direction for Dunedin

Fisher and Paykel is a name deeply entrenched within the history of Dunedin and the surrounding districts. The company, which made appliances on the Taieri, employed thousands of local people over decades of production.

FPH due for earnings upgrade cycle

FPH due for earnings upgrade cycle

Fisher and Paykel Healthcare is at the start of of a 12-month to 18-month earnings cycle upgrade, partly driven by a strong acceleration in sales of high margin Obstructive Sleep Apnoea masks, Craigs Investment Partners broker Greg Easton says.

Haier increases offer for Fisher and Paykel

Haier increases offer for Fisher and Paykel

Control of one of New Zealand's oldest manufacturers looks set to go offshore, after the board of Fisher and Paykel Appliances recommended a revised $1.28 a share takeover offer from the Chinese appliance making giant, Haier.

Difficult decision for shareholders

Difficult decision for shareholders

Fisher & Paykel Appliances shareholders are facing a dilemma about whether or not to accept the takeover offer by Haier Group.

Haier says risk devalues F&P

Chinese group Haier yesterday upped the pressure on Fisher and Paykel Appliances shareholders, saying they should be willing to take a significant risk on FPA's future to reject Haier's takeover offer.

F&P confirms redundancies

Fisher & Paykel has confirmed 29 workers will be made redundant at its Auckland plant when it moves some manufacturing offshore.

Lease, litigation decimated profit, F and P says

Fisher and Paykel Appliances Holdings Ltd is attributing a plunge in net profit after tax for the six months to September to $980,000 - compared with $11.3 million in the corresponding period last year - to lease and litigation costs.

Fisher & Paykel Appliances rating upgraded to 'buy'

Fisher & Paykel Appliances' positive full-year result last week has prompted upgrades and a cautiously optimistic outlook by brokerages.

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