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Hot Topic Budget 25
Hot Topic Budget 25
Investment
2 mins to read

Oceania holds off on dividend, looks to cut costs

‘Premium’ retirement village operator says its strategy will target up to $15m in annual savings.

Oceania's The Helier, in St Heliers.

Key points
  • Revenue: Down 1.8% at $260.6 million
  • Fair value change: Up 48.4% to $90.2m
  • Main takeaway: Company is looking to cut costs, after selling seven sites last year, and has signalled a continuation of its divestment strategy.

Oceania Healthcare will hold off on a dividend for its March 2025 year as it reviews its dividend policy to “better align” with the operating cashflows of the business.

Announcing its annual results to March, the NZX-listed retirement village operator said it would outline the new policy at its

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Brent Melville Thu, 22 May 2025
Contact the Writer: bmelville@nbr.co.nz
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Key points
  • Revenue: Down 1.8% at $260.6 million
  • Fair value change: Up 48.4% to $90.2m
  • Main takeaway: Company is looking to cut costs, after selling seven sites last year, and has signalled a continuation of its divestment strategy.
Company profile
Powered by: nzx logo
Change:
Price
Previous Close
Turnover
Movement
Volume
Avg Daily Volume
Daily High
Daily Low
52 Week High
52 Week Low
Oceania holds off on dividend, looks to cut costs
Investment,
109264
true