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SUM - Summerset Group profile

This is a basic profile of an NZX50 listed company. It is not investment advice. We recommend you contact a qualified adviser if you need more information.

Summerset Group 


NZX code: SUM
Short name: Summerset Group
Legal name: Summerset Group Holdings Limited
Industry sector: Aged care service provider
NZX50 rank: 13 of 50
Head office address: Level 27, Majestic Centre, 100 Willis Street, Wellington, New Zealand
Chairman: Rob Campbell
Chief executive: Julian Cook
Financial year ended: December
Locations: New Zealand
Auditor: EY
Bankers: ANZ, BNZ, NAB, CBA, ICBC, Westpac

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Financial statement history

A. Recent trading and performance summary:

NPAT Earnings
per share
fye Dec mln mln cents
2015 $68.8 $86.2 38.9
2016 $86.1 $68.8 66.9
2017 $110.5 $240.0 109.8
2018 $137.0 $214.5 97.1
2019 $153.9 $175.3 78.6

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B. Recent financial position summary:

fye Dec bln bln %
2015 $1.36 $0.95 30.1
2016 $1.71 $1.16 32.2
2017 $2.23 $1.45 35.0
2018 $2.77 $1.79 35.4
2019 $3.34 $2.21 33.8

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C. Recent cash flows and positions:

Cash and equiv. 
at year end
fye Dec mln mln mln
2015 $224.5 $222.8 $6.7
2016 $201.8 $199.9 $8.7
2017 $256.4 $257.5 $7.6
2018 $290.3 $290.4 $7.5
2019 $341.4 $327.4 $21.5

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Description of trading activities 

Summerset has grown to become one of New Zealand's largest and most respected operators in the retirement and care sector. They have 29 retirement villages around the country, with more than 6,000 people in these homes.

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CEO profile

Julian Cook became the CEO of Summerset in 2014. Prior to this, he was Summerset's CFO starting from 2010. He is a member of the executive Committee for the New Zealand Retirement Villages Association. 

Chairman profile

Rob Campbell has over 40 years experience as a director and investor. He is the current Chair of SKYCITY entertainment group, WEL Group, Tourism Holdings and director of Precinct Properties NZ.


Company website:
Investor information:
NZX listing:
Annual reports:

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