New Zealand · Delayed Price · Currency is NZD Radius Residential Care Earnings Call Transcripts
Fiscal Year 2026
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Net profit after tax tripled and available funds from operations nearly doubled, supporting a higher dividend and share buybacks. Occupancy reached 95%, with strong EBITDA growth and a robust development pipeline, while leverage fell below target.
Fiscal Year 2025
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The meeting highlighted strong financial results, high occupancy, and successful acquisitions supporting growth. Strategic initiatives include expanding in-home services, developing RadPro, and maintaining a sustainable dividend. Shareholders approved all resolutions, with voting results to be released.
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Record EBITDA per bed and 20% underlying EBITDA growth were driven by high occupancy, improved care mix, and strong cost management. Debt was reduced, dividends increased, and new acquisitions are set to further boost earnings in FY 2026.
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Strong half-year results with record EBITDA, 39% net profit growth, and improved occupancy. Cost discipline, staff retention, and the Cibus acquisition support a positive outlook, with full-year metrics expected to surpass FY24 and dividends returning to policy.