NZ's Summerset Group jumps most in nearly 7 weeks on upbeat FY results

Summerset group

26/02/2024 24:00

** Shares of Summerset Group  SUM.NZ  jump as much as 3.3%
to NZ$11.100, posting their biggest intraday pct gain since Jan
11
    ** Retirement village operator posts 11% jump in FY
underlying profit to NZ$190.3 mln ($117.72 mln)
    ** Declares final dividend of 13.2 NZ cents per share  
    ** Shares hit their highest level since Feb 19 
    ** SUM up ~5% YTD, as of last close 

($1 = 1.6166 New Zealand dollars)

 (Reporting by Echha Jain in Bengaluru)
 ((Echha.jain@thomsonreuters.com))