close
MENU
3 mins to read

Arvida scoops up another retirement village and produces bumper result

$20 million for new village, as Arvida more than doubles its IPO profit forecasts. With special feature audio.

Calida Smylie
Wed, 25 May 2016

Aged care provider Arvida Group [NZX: ARV] more than doubled its prospectus profit forecasts and announced it has conditionally bought a Masterton retirement village to add to its stable.

The group reported net profit after tax for the year to March 31 of $24 million, more than double its initial

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
Calida Smylie
Wed, 25 May 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Arvida scoops up another retirement village and produces bumper result
58493
true