A record March has seen Arvida, one of New Zealand’s largest retirement and aged care providers, celebrate their best year ever in sales. Arvida recorded over 100 settlements for March 2023, up 36% compared to March 2022. This helped generate record .
Listed retirement company Arvida Group, with $3.6 billion of assets, pushed up net after-tax interim profit 18 per cent from $75.7m to $89.2m after revenue
The aged care and retirement village operator says its solid growth in revenue and margins was boosted by its purchase of six villages from Arena Living last year.