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Ryman Healthcare: Debt Concerns

29 November 2022

Ryman Healthcares slumped 17% since less than two weeks since delivering its 2023 half year result. Cashflow issues arising from a less liquid housing market meant net debt rose +$400m over the half to $3 billion. Net profit after tax fell –31% from last year to $193.9m, after reporting a much lower gain on its investment portfolio.

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