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Oceania Healthcare ( (AU:OCA) ) has provided an announcement.
Oceania Healthcare reported a 4.1% increase in underlying EBITDA to $86.0 million for FY25, driven by steady sales momentum and strategic initiatives aimed at strengthening its foundation and enhancing efficiency. The company has embarked on a broader business optimization program targeting significant cost savings and has set a new strategic direction to guide its operations over the next five years. This strategy, which emphasizes connected care, inspired living, empowered people, and purposeful impact, aims to position Oceania as a leader in the sector by aligning with changing resident expectations and increasing care needs.
More about Oceania Healthcare
Oceania Healthcare operates in the healthcare industry, focusing on providing premium care and independent living options for the aging population. The company is involved in the development and management of retirement villages and care facilities, with a market focus on enhancing living standards and care services for its residents.
Average Trading Volume: 4,813
Technical Sentiment Signal: Sell
Current Market Cap: A$434.1M
See more insights into OCA stock on TipRanks’ Stock Analysis page.