close
MENU
Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Investment
2 mins to read

Arena acquisition drives profit growth at Arvida

Underlying profit up 42% at the listed aged care business.

An Auckland village acquired in the Arena Living transaction.

Andrew Bevin Mon, 30 May 2022

Following the acquisition of the $435 million Arena Living portfolio, Arvida’s underlying profit rose 42% in its 2022 financial year.

Releasing results for the 12 months to March 31 to the NZX this morning, Arvida logged underlying profit of $73.5m (up 25% on a per share basis due to shares issued

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Andrew Bevin Mon, 30 May 2022
Contact the Writer: andrew@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Company profile
Powered by: nzx logo
Change:
Price
Previous Close
Turnover
Movement
Volume
Avg Daily Volume
Daily High
Daily Low
52 Week High
52 Week Low
Company profile
Powered by: nzx logo
Change:
Price
Previous Close
Turnover
Movement
Volume
Avg Daily Volume
Daily High
Daily Low
52 Week High
52 Week Low
Arena acquisition drives profit growth at Arvida
Investment,
94235
true