Radius Residential Care Limited (NZX: RAD) (Radius Care) is pleased to confirm trading has been ahead of expectations in the opening months of the financial year
ending 31 March 2026 (FY26).

The improvement has been driven by several factors, including:

  • Strong occupancy, averaging in the mid-94% range for the period from 1 April to mid-June 2025.
  • Continued strong mix of hospital, ACC and other higher acuity / higher revenue occupancy.
  • Growth in accommodation supplements.
  • Realised resales gains ahead of the same period in the prior year.

On the basis of year-to-date performance, the Group’s key metrics of Underlying EBITDA1 and EBITDAR per bed1 for the first half of FY26 are likely to be significantly ahead of the same period in FY25. The Board expects 1HY26 Underlying EBITDA to be between $12.0m and $15.0m, compared to $10.6m reported in 1HY25. Interest cost savings in excess of $1.0m should provide additional growth in AFFO1 and Net Profit After Tax.

Radius Care intends to provide more information on 1H26 performance at the company’s annual shareholder meeting on 7 August 2025.