Analysts expect Ryman and Summerset to tap investors for cash

Jarden's head of research Arie Dekker expects “proactive equity raising in the next 12–18 months”. (Image: NZME)

Wed, 15 Jan 2025

Analysts think the retirement sector’s long-held reluctance to tap investors for cash to fund growth should be revisited. In Jarden analysts Arie Dekker and Vishal Bhula’s most recent note, NZ RV sector: key themes for 2025, they said they're keeping an eye on how Ryman Healthcare and Summerset adjust their capital management settings. They said exciting growth opportunities are held back by high debt and low cashflow, necessitating a more strategic approach. “Looking ahead, our prediction is another longst...

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