Summerset Group Holdings Ltd
NZX:SUM

Watchlist Manager
Summerset Group Holdings Ltd Logo
Summerset Group Holdings Ltd
NZX:SUM
Watchlist
Price: 13.14 NZD 0.31% Market Closed
Market Cap: 3.1B NZD
Have any thoughts about
Summerset Group Holdings Ltd?
Write Note

Summerset Group Holdings Ltd
Investor Relations

Summerset Group Holdings Ltd, founded in 1994, has carved a distinct niche in the New Zealand aged care and retirement village sector. The company orchestrates a seamless blend of housing, healthcare, and lifestyle services, aiming to provide a fulfilling twilight chapter for its residents. Starting with a singular vision, Summerset’s journey has been one of innovation—adapting to the evolving needs of its aging population while maintaining its focus on quality and dignity. The firm operates by developing and managing integrated retirement villages that offer a continuum of care, from independent living units to assisted living and full-time care facilities. This range ensures that residents can transition smoothly as their needs change, contributing to the company’s robust retention rates and occupancy levels.

Summerset’s financial strength stems primarily from its dual-source revenue model: the upfront capital it gains from selling occupancy rights to its new development units, and the recurring income generated from fees and charges for ongoing care and village services. This model allows Summerset to reinvest in the creation of new villages, which further feeds its growth cycle while also supporting operational expenses. The consistent demand for high-quality retirement living spaces in New Zealand, coupled with Summerset's reputation for excellence, underpins its profitability, enabling it to expand its footprint across the country. As a result, the company not only maintains its financial health but also ensures a continuous enhancement of its offerings, cementing its stature within the aged care industry.

Show more

Earnings Calls

No Earnings Calls Available

Management

Mr. Scott Grady Scoullar BCA, C.A., FCPA
Chief Executive Officer
No Bio Available
Mr. John O'Sullivan
Founder
No Bio Available
Ms. Sarah Lorraine Theodore
Acting Chief Financial Officer
No Bio Available
Ms. Robyn Heyman
Head of Legal & Company Secretary
No Bio Available
Ms. Fay French
Chief Sales Officer
No Bio Available
Ms. Kay Brodie B.Sc., BCA
Chief Marketing Officer
No Bio Available
Ms. Chris Lokum BMS
Chief People Officer
No Bio Available
Mr. Dean Tallentire B.Sc.
Chief Construction Officer of NZ
No Bio Available
Ms. Eleanor Young B.Sc.
Chief Operating Officer of NZ
No Bio Available
Mr. Aaron Smail B.E., BBS
Chief Development Officer of NZ
No Bio Available

Contacts

Address
WELLINGTON
Level 27, The Majestic Centre, 100 Willis Street
Contacts
+6448947320.0
www.summerset.co.nz