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Summerset Group Holdings Limited (ASX:SNZ)

ALERT: Price-sensitive ASX Announcement for SNZ
Current share price for SNZ : $6.200 -3.9 (-38.61%)+
Announcement
Release
20 Jan 2026 7:30AM
Price at Release
$10.100
Full Release
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Summary
Summerset Group Holdings Limited reported a successful 4Q25 with 448 sales, comprising 207 new sales and 241 resales, marking a 16% increase in new sales from the previous year. For FY25, the company achieved 1,560 total settlements, a 26% increase from FY24, including 125 care bed conversions to Occupation Right Agreement (ORA). The company delivered 637 units in New Zealand and 56 in Australia, aligning with its target. CEO Scott Scoullar noted strong sales momentum, particularly from key villages such as Summerset Boulcott and Summerset St Johns. Summerset ended the year with a 31% increase in contracted new sale stock and plans to continue this momentum into 2026 with a strong sales pipeline.
Key Points
  • Summerset Group Holdings Limited reported 448 sales for 4Q25, with 207 new sales and 241 resales.
  • The full-year result for FY25 included 1,560 total settlements, a 26% increase over FY24.
  • 125 care beds were converted and sold under Occupation Right Agreement (ORA) in FY25.
  • New sales increased by 16% from FY24, reaching 680.
  • Summerset's CEO, Scott Scoullar, highlighted the continuation of strong sales momentum in 4Q25.
  • Highest performing villages in new sales were Summerset Boulcott, Summerset by the Dunes Papamoa, Summerset St Johns, and Summerset Pohutukawa Place.
  • Summerset delivered 637 units for ORA in New Zealand and 56 in Australia in FY25, meeting target ranges.
  • Summerset ended FY25 with a 31% increase in contracted new sale stock compared to the previous year.
  • The company has a strong pipeline of committed sales contracts for 2026.
  • Summerset's FY25 Annual Report will be released on 27 February 2026.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.