Summerset Group Holdings (SUM)•FY25•Released 27 February 2026Underlying profit +13% but IFRS PBT collapsed 32% on fair-value swingsSummerset's operating momentum is real, but the IFRS result is dominated by investment-property revaluation movements that swung sharply against...Published 21 April 2026Read briefing→
Summerset Group Holdings (SUM)•HY25•Released 28 August 2025Summerset PBT fell 9.1% but a tax credit lifted NPAT 24.5%Underlying profit rose 19% on 17.7% higher occupation-right sales, but pre-lease free cash fell as capex nearly tripled and gross borrowings...Published 22 April 2026Read briefing→
Summerset Group Holdings (SUM)•FY24•Released 28 February 2025Underlying profit up 8% but statutory NPAT fell 22% as revaluation gains...Revenue and sales volumes grew double digits, yet development margin compressed and gross borrowings rose NZ$320.8m to fund continued village build.Published 22 April 2026Read briefing→
Summerset Group Holdings (SUM)•HY24•Released 26 August 2024Revenue up 18.2% but development margin slid to 28.3% from 33.5%Volume did the heavy lifting as 588 occupation right sales lifted the top line, but unit economics compressed and net debt climbed to NZ$1.52b.Published 22 April 2026Read briefing→
Summerset Group Holdings (SUM)•FY23•Released 26 February 2024Reported NPAT up 62% but underlying profit rose just 11% as net debt climbed...Statutory earnings flatter the picture: operating cash flow grew only 7.9% while gross borrowings rose 31.4% and cash halved.Published 22 April 2026Read briefing→
Summerset Group Holdings (SUM)•HY23•Released 23 August 2023Underlying profit +5.7% but operating cash fell 23% as borrowings jumped 46%Revenue grew 12.4% and underlying earnings advanced, but PBT slipped 5% and net debt rose by more than NZ$400m as the build programme scaled.Published 22 April 2026Read briefing→
Summerset Group Holdings (SUM)•FY22•Released 24 February 2023NPAT halves to $269.1m as revaluation tailwind fades, underlying profit up 21.5%Revenue and cash trading strengthened, but reported earnings now lean heavily on the fair-value line while gross borrowings jumped 42%.Published 21 April 2026Read briefing→