Summerset expects interim profit up as much as 26%
The retirement village operator pulls out forecasts for its half-year results.
Calida Stuart-Menteath
Tue, 10 Jul 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Summerset Group expects interim profits to be up, despite lower new sales volumes.
The retirement village operator forecasts underlying profit for the six months to June 30 to be between $43-45 million, which is up 21-26% on the same period last year.
Underlying profit strips out unrealised
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Calida Stuart-Menteath
Tue, 10 Jul 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.