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The C-Suite: Mick Farrell, ResMed CEO

Medical equipment maker ResMed (RMD) reported a 9% rise in revenue for the June quarter, coming in at US$1.2 billion for the June quarter. Earnings came in at $1.98 a share in the period.
ausbiz
07 August 2024
Created by potrace 1.15, written by Peter Selinger 2001-2017 11 mins watch

With 2.5 billion people suffering from sleep, health and breathing disorders, ResMed CEO Mick Farrell, Chief Executive remains optimistic. Saying RMD is well positioned to drive market penetration and accelerate growth for the business. Despite the positive outlook, shares have been under pressure this year amid concerns rapid weight loss drugs in the market will hurt demand for its products. 

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ausbiz

ausbiz was founded by Kylie Merritt and David Koch and is Australia's leading provider of live and on-demand video of the latest news in Australian business, markets, economy and startups.