Radius Residential Care has reported better-than-expected trading in the early months of the 2026 financial year.
The company's strong performance was attributed to factors such as high occupancy rates, a favourable mix of hospital and higher-acuity occupancy, growth in accommodation supplements, and realised resales gains.
As a result, Radius Care's underlying ebitda and ebitdar per bed for the first half of the 2026 financial year are expected to be significantly higher than the same period last year.
The company anticipates underlying ebitda of $12 million to $15m, compared to $10.6m in the first half of the 2025 financial year.
Additionally, interest cost savings of over $1m are expected to contribute to growth in adjusted funds from operations and net profit after tax.
More information on the company's first-half performance will be provided at the annual shareholder meeting on August 7, 2025.
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