Summerset Group (ASX: SNZ) — Company Overview, News & Financial Data
Summerset Group is a New Zealand retirement village operator with over 30 villages providing high-quality living services.
Summerset Group
Summerset Group is a New Zealand-based developer and operator of retirement villages and care facilities across New Zealand and Australia. The company designs, constructs, and manages integrated retirement communities that accommodate residents aged 70 and older. Its portfolio includes a wide spectrum of living options ranging from independent villas, townhouses, and cottages to serviced apartments, memory care units, and full-continuum rest home and hospital-level care centers. Operating 40 retirement villages across various regions, the business handles land acquisition, site development, property maintenance, and healthcare services to support independent and assisted living for senior residents.
Snapshot
Operations
Products and/or services of Summerset Group
- Independent Living Villas and Townhouses: Provision of independent retirement accommodation across 40 integrated village communities in New Zealand and Victoria, Australia, offering single-level homes, villas, and townhouses with dedicated maintenance, communal facilities, and emergency response systems for older adults.
- Serviced Apartments and Assisted Living: Development and management of serviced apartment units providing daily assistance, household support, meal preparation, and personal care services within master-planned village centers, enabling semi-independent living with tailored assistance.
- Rest Home and Hospital Care: Operation of specialized on-site care centers offering 24-hour professional nursing, rest home care, and hospital-level medical support for residents requiring higher levels of ongoing health assistance across multiple regional centers.
- Dementia and Memory Care: Provision of secure memory care suites designed for residents living with dementia, offering specialized cognitive support, therapeutic environments, and trained nursing staff within dedicated, certified dementia-friendly care centers across the village portfolio.
- Village Development and Construction: In-house land acquisition, master planning, architectural design, and residential construction of master-planned retirement communities across expanding urban and regional locations in New Zealand and southeastern Australia, driving continuous housing supply.
- Community Amenities and Facility Management: Operational oversight of communal resident facilities, including on-site dining venues, activity hubs, swimming pools, bowling greens, and organized recreational programming, alongside ongoing property maintenance and groundskeeping services across all village properties.
Summerset Group executive team
- Scott Grady ScoullarChief Executive Officer
- John O'SullivanFounder
- Margaret WarringtonChief Financial Officer
- Shawn ThomsonChief Operating Officer
- Robyn HeymanHead of Legal & Company Secretary
- David MartinChief Sales & Marketing Transformation Lead
- Chris LokumChief People Officer
- Dean TallentireChief Construction Officer of NZ
- Aaron SmailChief Development Officer of NZ
- Robyn GillespieChief Digital Officer
Recent announcements
What Summerset Group (SNZ) has told the market, newest first.
- 3Q26 Metrics - Sales of Occupation RightsPrice sensitive
- Ongoing Disclosure Notices
Dividend history
Dividends per share paid by Summerset Group , by financial year.
| Financial year | Interim | Final | Special | Total |
|---|---|---|---|---|
| FY2026(to date) | NZ$0.0927 | NZ$0.0268 | — | NZ$0.1195 |
| FY2025 | NZ$0.1012 | NZ$0.0862 | — | NZ$0.1874 |
| FY2024 | NZ$0.1935 | — | — | NZ$0.1935 |
| FY2023 | NZ$0.0914 | NZ$0.0885 | — | NZ$0.1799 |
| FY2022 | NZ$0.1499 | — | — | NZ$0.1499 |
Key financials
Reported results for Summerset Group , in NZD.
- Market cap
- 1.2B
- Revenue (TTM)
- 388.4M
- P/E ratio
- 4.8
- EPS (diluted, TTM)
- 1.1
- Dividend yield
- 3.2%
- Profit margin
- 88.0%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 360.9M | 5.9M | 259.8M | |
| 318.6M | 15.4M | 339.8M | |
| 270.5M | 450M | 436.3M | |
| 238.3M | 282.1M | 269.1M |