With a proven track record of successfully owning and managing retirement villages in New Zealand
Metlifecare has a portfolio of retirement villages around the North Island and is New Zealand's second largest village and aged care operator. The company targets premium locations within the Auckland, Hamilton, and Bay of Plenty regions and has a strong and growing landbank of quality sites. Continuum of care is an important focus and Metlifecare offers a range of care levels and support, from independent living and in-home care services through to specialist aged residential care.
The company was established in 1984 and listed on the NZX in 1994.
24 Aug 2016
Metlifecare today announced a record result for the financial year to 30 June 2016. Reported net profit after tax grew by 86% to $228.7 million, propelled by substantial movement in the fair value of its assets as well as improved operating performance.
24 Feb 2016
Metlifecare has delivered net profit after tax of $125.7 million for the six months ended 31 December 2015, an increase of more than three times over the prior comparable period (pcp), operating cash flow of $78.0 million against $33.0 million in the pcp (an increase of 137%) and underlying profit...
2 Dec 2015
Metlifecare Chair Kim Ellis has today announced that Glen Sowry will become the organisation’s new Chief Executive Officer replacing incumbent Alan Edwards who has previously announced his planned retirement once a new appointment is in position.
Mr Sowry is currently Chief Executive Officer of Housing New Zealand, the country’s largest business...
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