The Aveo Group
(ASX:AOG) presentation begins with an overview of the company’s strategy and focus on the retirement community market.
Aveo’s financial position is shown to be robust with underlying profit growth and forecasts for continued strength.
Mr Grady outlines the broadening of earnings sources and business development with a spatial analysis showing the locations and spread of Aveo locations.
Speaking about resident demographics Mr Grady says the average age of residents is 82 years with occupancy levels high.
Capital levels are explained with non-retirement assets to be sold and re-allocated to core aged-care assets.
