Ryman Healthcare Ltd. Builds New Village in Howick According to BAC Report21 Sep 2011 • by Natalie Aster
LONDON – Ryman Healthcare recently announced about the construction of its 29th village located in Howick, Auckland. The village will take 3.5 hectares and provide both individual and serviced apartments, with resthome, hospital and dementia care options. This new land purchase raised Ryman property landbank to over 2300 units and beds. Together with four other projects (construction works launched in 2010 in Gisborne, Tauranga and Christchurch, also works started in 2011 in Waikanae) a building program in Howick will contribute into company’s capacity.
Ryman financial performance in first quarters of 2011 was good, and that was the main fact in favor of buying Howick land. FY 2010 results were strong, with revenues and net income going up by 18.3 and 27.8% respectively. Totally they amounted to NZD 129.1 and NZD 100.2 M. Ryman four-year trend is stable and reflects constant increase in financial indices.
Founded in 1984 and headquartered in Christchurch, Ryman Healthcare engages in construction, development and operation of retirement villages that provide care for aged people both having health issues and healthy. All villages offer independent townhouses and apartments, serviced apartments, resthomes and hospitals. 11 villages also provide dementia care option. All villages have well-thought infrastructure and offer their occupants Scooter Bay, Private Dining, Bowling Green, Swimming Pool, Spa Pool, Petanque Court, Croquet Lawn, Library, Chapel, Village Centre, Bar, Gym, Atriums, Internet Cafe, Dining Room, Hair Salon, Beauty Therapy, Shop, Movie Theatre, Pool Table, Indoor Bowls. Ryman is listed on NZX.
Company’s description, nature of business, risk factors, future opportunities and experts’ forecasts can be found in the report “Ryman Healthcare Ltd. Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis” recently published by Market Publishers Ltd.
Title: Ryman Healthcare Ltd. Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis
Date: Sep, 2011
The overview of the overall New Zealand Healthcare Industry and the competitive market landscape can be found in the report “New Zealand Healthcare Industry Comparative Analysis and Companies Ranking”
More company reports featuring SWOT and financial information, industry and competitors analysis can be found in Company Reports Catalog.
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