Arvida scoops up another retirement village and produces bumper result
$20 million for new village, as Arvida more than doubles its IPO profit forecasts. With special feature audio.
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Aged care provider Arvida Group [NZX: ARV] more than doubled its prospectus profit forecasts and announced it has conditionally bought a Masterton retirement village to add to its stable.
The group reported net profit after tax for the year to March 31 of $24 million, more than double its initial
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Calida Smylie
Wed, 25 May 2016
Wed, 25 May 2016
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Arvida scoops up another retirement village and produces bumper result
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