Analysts unfazed by Ryman walking back guidance

Ryman Healthcare's Greenlane village in Auckland. (Image: Michael Craig)

Mon, 02 Dec 2024

Two retirement village analysts, one bullish and one less so, have held their ratings on New Zealand Exchange-listed Ryman Healthcare despite the company walking back its cash flow guidance. In half-year earnings to Sept 30, released to the market on Thursday, the retirement living and aged care provider deferred previous guidance that it could achieve positive cash flow by the end of the 2025 financial year. It said it expected to have negative free cash flow between $50 million and $100m for the full year. While shares dipped 6...

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