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Fisher & Paykel Healthcare Faces Rising Costs Amid New US Tariffs
7:30am on Monday 3rd of February, 2025 AEDT
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Healthcare
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Fisher & Paykel Healthcare Faces Rising Costs Amid New US Tariffs
7:30am on Monday 3rd of February, 2025 AEDT
Key Points
New US tariffs: 25% on Mexico/Canada imports, 10% on China
45% of manufacturing volume in Mexico, 60% of US supply from Mexico
No material net profit impact expected for FY2025
Cost increases likely in FY2026, delaying gross margin target by 2-3 years
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Fisher & Paykel Healthcare (ASX:FPH)
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