Summerset Group Holdings LimitedNZX: SUM

SUM: Underlying profit up 3% to $89.9m, with strong sales and cash flow growth

· Issued by Summerset Group Holdings Limited

Underlying profit rose 3% to $89.9m, with settlements up 22% and operating cash flow up 31%. Net profit after tax fell 23% to $102.2m, but assets and embedded value grew, and the interim dividend was maintained.

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