Full Year 2023 Ryman Healthcare Ltd Earnings Call Transcript

May 18, 2023 / 10:30PM GMT
Richard Umbers - Ryman Healthcare Limited - Group CEO

Morena. Tena kotou, tena koutou, tena koutou katoa. Good morning, everyone. I'm Richard Umbers, Group Chief Executive Officer of Ryman Healthcare and I'm delighted to be here to present our full year results for the year ended 31st of March. Here with me in Christchurch, I have Dave Bennett, our Group CFO. As previously announced, Dave will be transitioning into the Chief Strategy Officer role and remains the CFO until a new appointment is made. We'll be happy to answer questions at the end of this presentation and we're hoping to wrap up within 60 minutes.

Today, we're announcing a solid result. We delivered this while taking a number of steps to reposition the business for future growth and for improved financial performance. This result was achieved in a challenging economic environment, compounded by significant weather events and the tail end impacts from COVID. Our result confirms healthy demand for what we offer. Our Australian business continues to go from strength to strength.

Following our recent $902.4 million equity raise,

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