- Release Date: 21/08/14 10:29
- Summary: GENERAL: RYM: Ryman wins global ranking
- Price Sensitive: No
- Download Document 3.06KB
RYM 21/08/2014 10:29 GENERAL REL: 1029 HRS Ryman Healthcare Limited GENERAL: RYM: Ryman wins global ranking Media release - August 21 2014 Ryman wins global ranking Christchurch company recognised for top returns to shareholders Ryman Healthcare has been ranked as one of top 10 best performing healthcare companies in the world. The Boston Consulting Group's 2014 Value Creators Report rankings were compiled after researching shareholder returns at 10,000 global companies across 28 sectors over the five years from 2009 to 2013. Ryman was ranked eighth in the world's healthcare sector over that period, with an average annual shareholder return of 45.5 per cent. Ryman was the only Kiwi business to make the rankings, and only two Australian companies made the list. Ryman's total shareholder returns over that period were just short of the 46.7 per cent return reported by Apple, widely regarded as one of the world's best companies. Ryman Healthcare managing director Simon Challies said it was great recognition of how the company had performed. "I think it recognises that we came through the GFC in good shape - those were tough years. We had a strong balance sheet, a conservative debt position and we kept investing in growth throughout those years while others pulled back. "At the same time we concentrated on looking after our residents, building goodwill and continuously improving what we did.'' "We're absolutely delighted to be on this list, and to be in such great company.'' Mr Challies said the other significant factor to note was that Ryman achieved the growth while focusing on its home market in New Zealand. This week Ryman officially opens its first retirement village in Melbourne, where the company sees great prospects for growth. "The Australian market is five times larger than New Zealand and we've been very successful in our first venture over there.'' Ryman is listed on the NZX and has been included in the global FTSE and MSCI indices in the past year. Transport and logistics operator Qube and Fortescue Metals were the only Australian companies to make the Boston Consulting Group's 2014 Value Creators Report rankings. Notes: For more information on Boston Consulting Group's Vale Creators Rankings go to www.bcgperspectives.com/content/articles/value_creation_strategy_2014_value_c reators_rankings/ The 2014 Value Creators rankings were based on an analysis of TSR (total shareholder returns) at 1,620 global companies for the five-year period from 2009 to 2013. To arrive at this sample, BCG began with TSR data for nearly 10,000 companies provided by Thomson Reuters. Ends About Ryman Healthcare: Ryman was founded in 1984 and is New Zealand's largest retirement village operators. The company owns 28 villages and serves over 8,000 residents in New Zealand and Australia. Each village offers a combination of retirement living and aged care. Media advisory: For further information, photos, interviews or comment please contact Corporate Affairs Manager David King on 03 366 4069 or 021 499 602. End CA:00254184 For:RYM Type:GENERAL Time:2014-08-21 10:29:01
Add to My Watchlist
What is My Watchlist?