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Ryman’s past growth ambitions became ‘literally unsustainable’

The company’s board wants the business to be as efficient as it was several years ago.

Ryman's Bruce McLaren retirement village in Auckland.

The executive chair of Ryman Healthcare wants the company to become as efficient as it was several years ago, as the recent cost of expansion became “literally unsustainable”.

The NZ-listed retirement village operator is in the midst of a transition phase and is undertaking a number of measures

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Nicholas Pointon Thu, 28 Nov 2024
Contact the Writer: nicholas@nbr.co.nz
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Ryman’s past growth ambitions became ‘literally unsustainable’
Investment,
106934
true