Ryman Healthcare

Ryman Healthcare's stellar share price during the past year has been vindicated after it yesterday booked its 11th consecutive after-tax profit, rising 13% from $120.7 million to $136.7 million.

Sharemarket darling Ryman Healthcare continues to impress, with its shares hitting an all-time high of $4.34 having gained a further 2.4% yesterday.

Rising star Ryman Healthcare's growth strategies are expected to underpin improved revenue and profits of between 15% and 20% when it reports its half-year performance, later this week.

Demand for aged care facilities has led Ryman Healthcare to increase its building rate, Craigs Investment Partners broker Chris Timms says.

Retirement village operator Ryman Healthcare yesterday reported its 10th year of successive record profits, the underlying profit rising 16.5% to $84 million in the year ended March.

Ryman Healthcare is again proving itself to be a market leader as it presses on with the development of larger villages in Tauranga and Christchurch.