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  • November 2003

    • 27th Abano Annual Meeting 2003

      The annual meeting of Abano Healthcare Group Limited (formerly ElderCare NZ Limited) was held today, 27 November 2003, at 2pm in the Pakuranga Hunt Room, Ellerslie Convention Centre, Auckland.

    • 18th Clarification of Resolution 3

      Abano Healthcare Group today explained the purpose of Resolution 4, as set out in its recently posted notice of meeting for its upcoming Annual General Meeting to be held at the Ellerslie Convention Centre on Thursday 27th November 2003. The resolution seeks the approval of shareholders to allow the directors to place new shares the equivalent of up to 19.9 % of the shares in the company with habitual shareholders.

  • October 2003

    • 10th Update in forecast to May 2004

      Under our policy of continuous disclosure and to ensure the market is informed of our progress, the directors of Abano Healthcare Group Limited provide the following guidance and advice. Core NPAT (net profit after tax before unusual items) for the full year to May 2004 is forecasted to be 60-100% above the corresponding core result achieved in the last financial year. The forecast full year’s core operational performance and progress at EBITDA (earnings before, interest, tax, depreciation an

  • September 2003

    • 4th New Ticker Code for Abano

      As from Monday 8 September 2003, the New Zealand Stock Exchange ticker code for Abano Healthcare Group Limited will change from ELD to ABA. Abano Healthcare Group previously operated as ElderCare New Zealand Limited, with the new company name announced on 29 August 2003. ElderCare New Zealand remains as the brand name for the Group’s Aged Care sector.

  • August 2003

    • 5th New CFO for ElderCare

      Eldercare New Zealand Limited, in a planned move, announced today that the Group’s Chief Financial Officer, Mr Brian Monk has resigned from the company to pursue other business interests. The board extends their sincere thanks to Brian for his valuable input and assistance in the restructuring of the company over the last two years. Richard Keys, the current General Manager Business Development, has taken over the position with the change effective from 1 August 2003.

  • July 2003

    • 31st ElderCare settles rehab business acquisitions

      ElderCare New Zealand Ltd today settled the acquisition of the businesses of Burton’s Healthcare Limited and Health Partners Limited, for a cash payment of $1.5 million. The acquisitions strengthen the Group’s position as New Zealand’s leading provider of brain injury assessment and rehabilitation, with a total of three business now offering care and treatment in this area.

    • 31st End of year results to 31 May 2003

      ElderCare New Zealand Limited today announced its full year results for the financial year ended 31 May 2003, with improved operational performance across the Group. The Group’s return to core sustainable profits was lifted with the inclusion of a one-off gain of $0.93 million from the sale of the Regents Park property, and $0.38 million by recognition of the Group’s deferred tax position, including the deferred tax asset relating to non quarantined tax losses the board believes will be uti

    • 8th New rehabilition acquisitions announced by ElderCare

      ElderCare New Zealand Ltd today announced the signing of a conditional agreement to acquire Burton’s Healthcare Limited and Health Partners Limited, strengthening its position as New Zealand’s leading provider of brain injury assessment and rehabilitation. The acquisitions are in line with ElderCare’s strategic objective to grow both new and existing healthcare and medical sectors through investment in successful businesses and organic expansion. Revenues in ElderCare’s Rehabilitation secto

  • May 2003

    • 2nd Improved forecast to 31 May 2003

      ElderCare New Zealand Limited, the country’s leading listed healthcare and medical services company, announced today that it is expecting improved year end performance against the consolidated forecast issued in November 2002. Revenues for the full year to 31 May 2003 will be slightly ahead of forecast (previously $56.0 million). Core operating EBITDA, in spite of recent strong trading, will be down in the second half. However, gains realised from the successful sale of the Regents Park de

  • January 2003

    • 29th Half Year Results to 30 November 2002

      New Zealand’s largest listed healthcare and medical services provider, ElderCare New Zealand Limited, today announced its unaudited results for the six months to 30 November 2002, with improved financial performance and a return to profitability, an expansion of business operations and a lowering of interest costs. The healthcare group reported revenue of $27.1million, up 58 percent, from $17.1million for the previous corresponding half-year period. Earnings before interest, taxation, depre