Q1 FY27 Update - Care Occupancy Reaches New High of 96%

07/07/2026 08:30 NZST, MKTUPDTEP

Promisia Healthcare Limited (NZX: PHL) has today released its Q1 FY27 Operational Update for the quarter ended 30 June 2026. Please refer to the attached PDF for full details.

Key highlights include:

Occupancy performance: Group care occupancy for June 2026 averaged 96%, up from 94% at the March quarter-end and representing a new high for Promisia. Momentum has continued into Q2, with average occupancy sitting at 97% at the start of July. Golden View, Ranfurly Manor and Nelson Street each remained at high occupancy levels through the quarter, while Aldwins House was the standout movement, increasing to 98% average occupancy for June and reaching 100% occupancy for the first time in its history.

Solar panel initiatives:

Solar generation has now been successfully installed at Ranfurly Manor and is operating in line with expectations, with early generation data showing a positive contribution to site energy usage and cost reduction. Installation at Nelson Street is underway and is expected to be complete by mid-July.

Ran-fit programme:

Ran-fit, Promisia’s ACC-approved and accredited strength and balance programme, is now available across all Promisia communities. The programme supports residents to maintain strength, balance, mobility and confidence, while also creating a regular social and community activity.

Outlook:

The June 2026 occupancy result provides a very positive start to FY27, with Group care occupancy already above the level assumed in Promisia’s FY27 outlook. Promisia reaffirms its FY27 guidance for underlying EBITDAF to increase by at least 20% to a minimum of $8.0 million, based on the existing portfolio. The focus from here is on sustaining occupancy at these higher levels, maintaining care quality and continuing to improve operating performance across the Group.

ENDS

Authority for this announcement:

Francisco Rodriguez Ferrere – Chief Financial Officer, Promisia Healthcare Limited

For more information, please contact:

Francisco Rodriguez Ferrere

Phone: +64 21 245 1801

Email: Francisco.rf@promisia.co.nz