New Zealand Professional Investment Services Firm

Forsyth Barr

We are proud to be a New Zealand owned firm, with 21 offices throughout the country and over 300 employees. We assist personal, institutional and corporate clients providing a full range of investment services.

Forsyth Barr is a foundation New Zealand Exchange firm (NZX) and accredited market participant. We have been confirmed by the Financial Markets Authority as a Qualifying Financial Entity (QFE).

Research is the cornerstone of our advice. We have one of New Zealand's leading teams of analysts. Our global affiliations ensure comprehensive research coverage of all major investment markets.

New Zealand Professional Investment Services Firm, Forsyth Barr

Equity Bottom-Up

<ul><li>Oceania Healthcare (OCA) is set to report its FY25 result on Thursday, 22 May 2025, with guidance being a key focus due to its recent trading update.</li><li>The market has been losing faith in OCA's care-focused business model, and the company must deliver on reducing head-office costs, reducing net debt, and planning to sell down its flagship Auckland village to regain confidence in FY26.</li><li>New management has highlighted NZ$10m-$15m of additional cost savings and expects improvement in care margins with operational improvements as a focus.</li></ul>

Oceania Healthcare (OCA) is set to report its FY25 result on Thursday, 22 May 2025, with guidance being a key focus due to its recent trading update.The market has been losing faith in OCA's care-focused business model, and the company must deliver on reducing head-office costs, reducing net debt, and planning to sell down its flagship Auckland village to regain confidence in FY26.New management has highlighted NZ$10m-$15m of additional cost savings and expects improvement in care margins with operational improvements as a focus.

Oceania Healthcare - FY25 Preview—Focus on the Future