February 22, 2017 / 10:40 PM / 5 months ago

BRIEF-Summerset Group says FY16 underlying profit NZ$56.6 mln

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Feb 23 (Reuters) - Summerset Group Holdings Ltd :

* Final dividend of Nz 5.1 cents per share

* FY underlying profit for fy16 of nz$56.6 million, up 50% on fy15

* FY17 build rate target increased to 450 retirement units, up from 400 for fy16

* "Have increased our target build rate to around 450 new units in 2017" Source text for Eikon: Further company coverage:

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