Ryman Healthcare interim results transcript

Ryman Healthcare interim results transcript The transcript of Ryman Healthcare's results presentation for the half year to 30 September 2019 is attached. The main points were: o Unaudited underlying profit $103 million, up 6.2%, driven by resales o Reported (IFRS) profit increased 11.1% to $188.3 million o Interim dividend lifted to 11.5 cents per share, in line with underlying profit growth o Full year underlying profit expected to be between $250 million and $265 million (between +10% and +17%) o Operating cashflows up 17.6% to $256.1 million o Total assets $7.26 billion, up 17.4% on September last year o New sites in Highett in Victoria and Northwood in Christchurch o Record activity in Victoria, target remains to have 5 villages open by the end of 2020 o Increased investment in resident experience, team development and safety o Continued strong demand with 97% occupancy at established care centres o Only 1.6% of resale stock unsold at the end of September End CA:00344726 For:RYM Type:GENERAL Time:2019-11-22 09:13:50