UPDATE: Ryman posts 13% gain in 1H earnings, on track for FY target of 15% increase

Fri, 21 Nov 2014

(Adds comments from investor briefing starting in third paragraph, updates shares) By Tina Morrison Nov. 21 (BusinessDesk) - Ryman Healthcare, New Zealand's largest listed retirement village builder and operator, posted a 13 percent gain in underlying first-half profit and signalled it's on track to meet its target of a 15 percent increase in annual earnings. The shares touched a four-month high. The Christchurch-based company said trading profit, which is used as a basis for dividend payments and doesn't include tax or unrealised gain...

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