Highlights

  • Promisia Healthcare upgraded FY26 underlying EBITDAF guidance to NZD 6.4–6.8 million, compared with FY25 earnings of NZD 4.2 million.
  • Group care occupancy improved to 92% in December 2025 and is currently tracking at approximately 94%.
  • Ranfurly Manor care suite occupancy increased to 91%, with one additional suite under contract that would lift utilisation to about 93%.

Promisia Healthcare Limited (NZX:PHL) has upgraded its FY26 earnings guidance, increasing its forecast for underlying EBITDAF for the year ending 31 March 2026. The company now expects earnings before interest, tax, depreciation, amortisation and fair value adjustments to range between NZD 6.4 million and NZD 6.8 million, compared with its previous expectation of at least NZD 6.1 million. The update follows the release of its Q3 FY26 operational performance report.

Guidance Raised for FY26

In its market update dated 13 February 2026, Promisia confirmed the revised outlook, representing growth of more than 45% compared with FY25 underlying EBITDAF of NZD 4.2 million. The upgraded range of NZD 6.4–6.8 million marks a further increase from guidance issued earlier this financial year.

The company attributed the revision to continued operational gains across its aged care portfolio, particularly in occupancy levels and care suite sales.

Occupancy Levels Trend Higher

Promisia’s Q3 FY26 operational update highlighted improvements in group occupancy. Average care occupancy for December 2025 reached 92%, up from 90% at the end of the September quarter. Post quarter-end data shows group occupancy tracking at approximately 94%.

Golden View and Ranfurly Manor facilities operated in the high-90% range. Ripponburn averaged 89% occupancy during December following resident departures but has since moved above 90%. Aldwins House remained around 89% during the month, with resident turnover offset by new admissions.

Nelson Street recorded a notable lift, averaging 82% occupancy in December compared with 63% at the end of September. Occupancy at Nelson Street has since increased to 92%.

Care Suite Sales Support Revenue

At Ranfurly Manor, care suite occupancy reached 52 out of 57 suites, representing 91% utilisation, compared with 81% at 30 September 2025. A further suite is currently under contract, which would lift occupancy to approximately 93% upon settlement.

Including both the care facility and care suites, Ranfurly Manor is now accommodating around 160 residents. The company stated that improved care suite sales and occupancy rates have contributed to earnings growth for FY26.

Outlook for FY26

Promisia reaffirmed its upgraded guidance and indicated no anticipated changes to the revised forecast at this stage. The company continues to expect FY26 underlying EBITDAF between NZD 6.4 million and NZD 6.8 million, representing year-on-year growth compared with FY25.

Promisia Healthcare’s latest update outlines higher occupancy levels and increased care suite utilisation across its facilities, leading to an upgraded FY26 earnings forecast. With the financial year ending 31 March 2026, the company maintains its expectation of delivering EBITDAF within the revised range, supported by portfolio-wide operational progress.

Frequently Asked Questions (FAQ)

Q1: What is Promisia Healthcare’s updated FY26 earnings guidance?
A: The company expects underlying EBITDAF between NZD 6.4 million and NZD 6.8 million for FY26.

Q2: How does this compare to FY25 earnings?
A: FY25 underlying EBITDAF was NZD 4.2 million, meaning FY26 guidance represents growth of more than 45% year-on-year.

Q3: What are current group occupancy levels?
A: Group care occupancy averaged 92% in December 2025 and is currently tracking at approximately 94%.