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    ‘Lifestyle’ spending benefits Fisher & Paykel

    Fisher & Paykel Appliances

    Fisher & Paykel Appliances managing director John Bongard today attributed improved sales to higher consumer spending, lower interest rates and a new focus on ‘lifestyle’ purchases rather than travel.

    The company issued a statement advising that operating performance in the period from 11 November to 31 January had been ahead of expectations “driven by a combination of higher than budgeted sales, improved margins and lower costs from post-restructuring.”

    Source: AAP

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