PHL HY27 results: first dividend and upgraded guidance

11/11/2026 08:30 NZDT, HALFYRP

Promisia Healthcare Limited (Promisia) (NZX: PHL) has announced its unaudited results for the six months ended 30 September 2026 (HY27), reporting further growth in earnings and Operating Free Cash Flow, sustained high occupancy and its first interim dividend.

HY27 Results Summary:

• Operating revenue increased 14% to $21.80 million.

• Underlying EBITDAF increased 50% to $3.83 million, from $2.55 million in HY26.

• Net profit after tax of $1.32 million, compared with a loss of $49,000 in HY26.

• Operating Free Cash Flow improved to $1.02 million, compared with a deficit of $0.38 million in HY26.

• First fully imputed interim cash dividend pool of $390,000, representing approximately 38.2% of first-half Operating Free Cash Flow.

• Group care occupancy remained above 95% throughout the half, averaging approximately 96% in September.

• Chatswood Retirement Village acquisition completed on 1 October 2026, with earnings contributing from the second half.

• FY27 underlying EBITDAF guidance increased to at least $9.0 million, including Chatswood’s second-half contribution.

Promisia Chair Rhonda Sherriff said: “The first half has built on the progress we made in FY26. We have sustained high occupancy, maintained control of our costs and converted that performance into stronger earnings and Operating Free Cash Flow.

“Our first interim dividend is an important milestone for Promisia and our shareholders. It reflects the progress across our homes and villages and the Board’s confidence in the business, while retaining funds to maintain our facilities, manage debt and support future growth.”

For further information on Promisia's six month performance, please read the Interim Report for the six months ended 30 September 2026.