Ryman Healthcare full year results transcript

Ryman Healthcare Full Year results transcript The transcript of Ryman Healthcare's results for the year to March 31 2019 is attached. The main points were: o Underlying profit up 11.5% to $227 million in the year to March 31, 2019 o Reported (IFRS) profit down 16% to $326 million o Full year dividend lifted to 22.7 cents per share, in line with underlying profit o Operating cash flows rose 15% to $401.4 million o Cash receipts up 15% to $1 billion o 757 units and beds built, up 42% o Increased investment in improving the resident experience o Increased investment in team pay and development o Continued strong demand for villages with only 1% of resale stock unsold at year end, and 97% occupancy at established care centres o Tenth site secured in Victoria, target remains to have 5 villages open by the end of 2020 o Landbank lifted by 18% with more than 7,000 beds and units at 20 villages planned o Build rate lifting, 12 sites expected to be under construction in the coming year End CA:00335098 For:RYM Type:GENERAL Time:2019-05-27 12:47:03