Metlifecare lifts profit 80% but stock price drops
Metlifecare performed but market needs certainty about build rates before stock picks up.
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Retirement village operator Metlifecare [NZX: MET] performed in line with guidance but the market will need more certainty about build rates before the share price picks up, says an analyst.
Metlife lifted annual profit 78% to $122.7 million in the 12 months to June 30, after its properties jumped
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Calida Smylie
Wed, 26 Aug 2015
Wed, 26 Aug 2015
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Metlifecare lifts profit 80% but stock price drops
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