“Everything this company does has merit and it performs outstandingly well in very competitive industry sector,” say the judges. “It is model New Zealand enterprise.”
Ryman has featured regularly in Top 200 awards categories since 2000.
This year the company lifted its after-tax profit 21 percent to record $120.7 million and revenue by 20 percent to $155 million. It has delivered outstanding returns to its shareholders; highlighted by 60 percent increase in share price.
Ryman’s growth is driven by the goodwill the company has generated with its three key stakeholder groups – residents, staff and shareholders.
Ryman enjoys strong positive relationship with its residents and works hard to retain it.
In sector that has often been criticised for poor employee relations and pay rates, Ryman stands out as significant exception to the rule. It operates senior management share scheme and this year introduced new share scheme for employees who want to become shareholders.
It completed record build programme last year, opening six new aged-care facilities and acquiring its first site in Australia.
Ryman Healthcare is perfectly positioned to capitalise on the growth that inevitable expansion of the aged-care sector offers.
Its consistently developed strategic approach to growth, commitment to high-quality services, prudent management and best practice execution of its services and building project management suggest the company has future that is as promising as the record-breaking past it has so far delivered.
Finalists
Port of Tauranga
Trade Me Group
