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Signs of Ryman turnaround expected in FY24: Forbar

The company’s rising debt levels have been a bugbear for analysts, prompting a capital raise and changes to its corporate strategy.

Ryman Healthcare has the potential to become one of the best “large cap equity stories” in New Zealand, according to Forsyth Barr analysts.

In a recent research note, the investment house said the company was “changing its stripes more than the market was giving its credit for”, referring to

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Nicholas Pointon Mon, 27 Mar 2023
Contact the Writer: nicholas@nbr.co.nz
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Signs of Ryman turnaround expected in FY24: Forbar
Investment,
98392
true