Radius Care Upgrades FY26 Outlook

Radius Residential Care Limited (NZX: RAD) (Radius Care) is pleased to confirm trading has been ahead of expectations in the opening months of the financial year ending 31 March 2026 (FY26).

The improvement has been driven by several factors, including:
• Strong occupancy, averaging in the mid-94% range for the period from 1 April to mid-June 2025.
• Continued strong mix of hospital, ACC and other higher acuity / higher revenue occupancy.
• Growth in accommodation supplements.
• Realised resales gains ahead of the same period in the prior year.

On the basis of year to date performance, the Group’s key metrics of Underlying EBITDA* and EBITDAR per bed* for the first half of FY26 are likely to be significantly ahead of the same period in FY25. The Board expects 1HY26 Underlying EBITDA to be between $12.0m and $15.0m, compared to $10.6m reported in 1HY25. Interest cost savings in excess of $1.0m should provide additional growth in AFFO* and Net Profit After Tax.

Radius Care intends to provide more information on 1H26 performance at the company’s annual shareholder meeting on 7 August 2025.

ENDS

*These measures are non-GAAP (unaudited) financial measures. A reconciliation between the financial statements and these measures is included in the FY25 Investor Presentation.


Media and Investor Contacts
Andrew Peskett
Chief Executive Officer
Phone: +64 21 747 363
Email: [email protected]

Jeremy Edmonds
Chief Financial Officer
Phone: +64 22 650 9354
Email: [email protected]

About Radius Care
Radius Residential Care Limited was founded in 2003 and listed on the NZX in December 2020. Radius Care provides essential healthcare services to elderly New Zealanders, offering the full range of accommodation and care options in communities throughout the country. Today, Radius Care operates 24 aged care facilities, of which it owns 12 and leases 12. Four of the owned facilities also include retirement villages and Radius Care’s online shop sells specialist assisted-living products. The company employs over 2,000 people, including highly qualified healthcare staff who are committed to providing the very best in nursing care, and has expanded its services, establishing RConnect, a Nurse and Carer bureau and Home Care provider. A 51% holding in Cibus Catering was acquired in October 2024. Cibus provides menu planning and nutrition management services to the aged care sector, as well as full-service kitchen and food management to 25 care homes across New Zealand, including 12 Radius Care sites. For more information visit radiuscare.co.nz or check out our Facebook page @RadiusCareNZ.

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Announcement PDF