Ryman Healthcare full year results transcript

Ryman Healthcare full year results transcript

The transcript of Ryman Healthcare’s results for the year to 31 March 2021 is attached.

The main points were:

• Audited underlying profit $224.4 million, 7.3% down due to COVID-19 challenges
• Audited reported (IFRS) profit increased 59.8% to $423.1 million, due to investment property revaluations
• Final dividend of 13.6 cents, taking the full year dividend to 22.4 cents per share, 50% of underlying profit.
• Ryman has returned more than $1.03 billion to shareholders since it listed in 1999, when it raised $25 million
• Record final quarter new sales and resales as market recovers
• Total assets of $9.17 billion, up 19.5%
• Continued strong demand for aged care in New Zealand and Victoria, mature care occupancy at 97%
• Only 1.4% of resale units unsold at the end of March
• Five villages opened in Victoria by December 2020
• Three new sites purchased, one in Melbourne and two in New Zealand
• No cases of COVID-19 to date among 12,500 residents and 6,100 staff across New Zealand and Victoria

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