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How Did Summerset Achieve a Record $234m Profit Amid Market Headwinds?
7:44am on Friday 27th of February, 2026 AEDT
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Real Estate
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How Did Summerset Achieve a Record $234m Profit Amid Market Headwinds?
7:44am on Friday 27th of February, 2026 AEDT
Key Points
Record FY25 underlying profit of NZ$234.2 million, up 13%
IFRS net profit after tax declined 22% to NZ$259.7 million due to portfolio revaluations
1,560 total sales of occupation rights, a 26% increase on FY24
Delivered 693 new units under occupation right agreements across NZ and Australia
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SUMMERSET GROUP HOLDINGS (ASX:SNZ)
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