Operational Update – Q1 FY26

MKTUPDTE

Tue, Jul 15 2025 04:58 pm

Promisia Healthcare Limited (NZX: PHL) has today released a Q1 FY26 Operational Update. Please refer to the attached PDF for full details.

Key highlights include:

Occupancy performance:
Group care occupancy for June 2025 averaged 87%, with Ranfurly Manor, Golden View and Ripponburn all above 95%. Nelson Street’s newly refurbished dementia wing became operational in June and is already contributing positively. The rest home is fully occupied, with three dementia beds filled as of mid-July and further admissions scheduled. Aldwins House occupancy temporarily reduced following a strategic reset, which has strengthened culture and positioned the facility for sustainable growth.

Care suite and apartment sales:
At Ranfurly Manor, 37 of 57 care suites are now occupied (up from 29 in March), with 6 more under application or contract. At Golden View, 18 of 19 apartments are occupied, with the final unit under contract and expected to settle in August.

Leadership update:
Chief Operating Officer Graeme Dodd has visited all sites, initiated local marketing campaigns, and is focused on building operational discipline, system consistency, and financial performance.

Promisia reaffirms its full-year guidance for FY26 underlying EBITDAF growth of more than 25%.

For further information, please refer to the attached operational update.

ENDS

Authority for this announcement:
Francisco Rodriguez Ferrere – Chief Financial Officer, Promisia Healthcare Limited

For more information, please contact:
Francisco Rodriguez Ferrere
Phone: +64 21 245 1801
Email: [email protected]

About Promisia Healthcare
Promisia is a New Zealand based aged care and retirement living provider, with a focus on delivering quality personalised care. Our aim is to be the aged care provider of choice in our communities. Our facilities are located in well-established and well serviced towns and metropolitan areas. Our goal is to profitably grow our business in a sustainable manner, delivering quality care to our residents, peace of mind to their families and whanau, and excellent value to our villages, community and shareholders. Promisia is listed on the NZX (NZX: PHL). http://www.promisia.co.nz