To retire comfortably is a dream for many, and retirement village operator Summerset Group (ASX: SNZ) is all about making it come true. The Company has acquired three sites, two in New Zealand and one in Australia, valued at over $600 million, to set up elaborate retirement villages. The New Zealand acquisitions are in Masterton
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Covid, floods, staffing, supply chains. That’s what we call the 2022 disruption bingo, which has this morning been claimed by Woolworths liquor chain spin out – Endeavour Group (ASX: EDV). The owner of well known brands such as Dan Murphy’s and BWS has delivered positive results despite this extensive list of challenges however, with their
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At first glance, the concept behind orthotics is deceptively simple. But what once were simple pieces of cobbled together leather, metal and wood are now highly technical medical devices thanks to the integration of smart technology. With embedded sensors, the orthotics are now being developed to improve healthcare in remote regions, including for those who
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Would you buy a sofa priced to the tunes of $5,000? Probably…not. But many Australians are more than willing to, as is evidenced by furniture retailer Nick Scali’s (ASX: NCK) sales of $441 million across FY22. Despite the 18.2% increase in sales compared to last year, net profit after tax fell marginally by 4.9% to
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The tech company looking to revolutionise the AV (audiovisual) space, Audinate Group (ASX: AD8), has today delivered record revenue and EBITDA along with its endeavour to overcome global supply chain issues. Throughout COVID-19, the world came to a standstill during one of the worst supply-chain crises in history. In particular, businesses acquiring semiconductor chips had
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