Summerset Group Holdings (SUM)•FY25•Released 27 February 2026PBT fell 32.2% on smaller revaluation gains; underlying profit up 13%IFRS earnings dropped on lower investment property fair-value uplifts, masking a 26% jump in unit settlements and 23.7% rise in operating cash flow.Published 21 April 2026Read briefing→
Summerset Group Holdings (SUM)•HY25•Released 28 August 2025Underlying profit +19% on 692 sales, but NPAT flattered by tax swingOCF rose 19.3% to $228.7m and gross borrowings grew 21.3% to $1.87b as $311.6m of development capex left free cash flow at -$17.7m.Published 23 April 2026Read briefing→
Summerset Group Holdings (SUM)•FY24•Released 28 February 2025Underlying profit up 8% but development margin slipped and net debt grew NZ$322mStatutory NPAT fell 22.1% on smaller fair-value gains while gross borrowings rose 23% to fund a NZ$611.4m build programme.Published 23 April 2026Read briefing→
Summerset Group Holdings (SUM)•HY24•Released 26 August 2024Revenue up 18.2% but PBT fell 5.7% on 520bps development margin compressionA surge in development capex to $255.6m flipped free cash flow to -$63.9m and pushed net debt to $1,527.3m despite stronger occupation-rights cashPublished 23 April 2026Read briefing→
Summerset Group Holdings (SUM)•FY23•Released 26 February 2024NPAT up 62.1% but underlying profit grew just 11.0% on revaluation gainsUnderlying profit of NZ$190.3m and 1,103 ORA sales describe a steadier operational result than the headline IFRS NPAT, while net debt rose NZ$332m.Published 23 April 2026Read briefing→
Summerset Group Holdings (SUM)•HY23•Released 23 August 2023Operating cash fell 23% and borrowings rose 47% on heavier developmentUnderlying profit lifted 5.7% to $87.2m but reported NPAT slipped 1.1% as fair-value gains shrank and capex climbed 24.9%.Published 23 April 2026Read briefing→
Summerset Group Holdings (SUM)•FY22•Released 24 February 2023Underlying profit up 21.5% while IFRS NPAT fell 50.5% on revaluationDevelopment capex of $633.8m pushed gross borrowings to $1.07b and free cash flow to -$14.7m, with operating cash flow still near prior-year levels.Published 22 April 2026Read briefing→