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Briefing

Demand Dip

Ryman Healthcare retirement living sales fell 5% in third quarter

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The news: Retirement living and aged care company Ryman Healthcare reported a 5% drop in sales of retirement living occupation right agreements (ORAs) for the quarter ending 31 December 2025, with total sales of 375 compared with 394 a year earlier.

The context: The company reported flat total sales on Q2, with a shift in the mix across product types. New sales of independent living units eased following the opening of Nellie Melba Stage 4 in the prior quarter, while new sales of serviced apartments were strong across New Zealand and Australia.

The company expects continued growth in occupancy rates following the recent opening of aged care centres, while occupancy remained strong in mature care centres at 96% in Q3.

Ryman Healthcare's FY26 ORA sales guidance remained unchanged at 1300 – 1400.

What they said: "We maintained sales momentum through to the holiday break. We also continue to see growing demand for our high-quality care offering," Ryman Healthcare CEO Naomi James said.

"Looking ahead, we expect continued market volatility, but our focus remains firmly on driving sales effectiveness and controlling the factors within our reach."

The source: ASX


By Jemeema Hanson