Ryman Healthcare (NZE:RYM, ASX:RYM) said that it expects cash release of NZ$500 million and sustainable cash flow improvement of NZ$150 million by fiscal 2029, according to a Tuesday filing with the Australian bourse.

The forecast was due to growing occupancy, reset pricing and cost efficiencies, the filing said.

The company's Australian and New Zealand shares were each down 1% in recent Tuesday trade.