Estia Health Limited announced several initiatives from its ongoing strategic review, including a management and operational restructure which will enable the Company to focus on growing its core assets and deliver profitable growth. The management overhaul includes the appointment of Mr. Ian Thorley as Chief Operating Officer, while Mr. Steven Boggiano will continue in the role of Acting Chief Financial Officer as the company undertakes an active search for a permanent CFO.

Apart from reaffirming the earnings guidance of between $86 million and $90 million of underlying EBITDA for fiscal year 2017.