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The latest announcement is out from Summerset Group Holdings Limited ( (DE:20S) ).
Summerset Group Holdings Limited reported a record-breaking year-end result with 1,238 total settlements, marking a 12% increase over the previous year. The company achieved significant sales in a challenging market, driven by strong demand and a substantial portfolio of fully completed and established villages. Summerset’s success was highlighted by the completion of the first stage of St Johns village, along with strong performances at other villages in New Zealand and Australia, positioning the company with a robust pipeline of sales contracts for 2025.
More about Summerset Group Holdings Limited
Summerset Group Holdings Limited is a leading operator and developer of retirement villages in New Zealand, with 39 villages completed or in development nationwide. The company also has several proposed sites in New Zealand and two villages in development in Victoria, Australia, offering a range of living options and care services to over 8,700 residents.
YTD Price Performance: -0.71%
Average Trading Volume: 416
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €1.7B
See more insights into 20S stock on TipRanks’ Stock Analysis page.
