BUZZ-New Zealand's Summerset Group rises on higher Q1 sales

Reuters

04-08

BUZZ-New Zealand's Summerset Group rises on higher Q1 sales

** Summerset Group SUM.NZ rises 2.1% to NZ$11; set for strongest session since early March

** Retirement village operator reports 14% y/y rise in Q1 FY25 sales of occupation rights

** Remains on track to build 650-730 homes across New Zealand and Australia in 2025

** YTD, SUM down 16.1%

(Reporting by Jasmeen Ara Shaikh in Bengaluru)

((JasmeenAraIslam.Shaikh@thomsonreuters.com;))

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