Sienna Senior Living
MARKHAM, Ontario, Feb. 20, 2024 (GLOBE NEWSWIRE) — Sienna Senior Living Inc. (“Sienna” or the “Company”) (TSX: SIA) today announced its financial results for the three months and year ended December 31, 2023. The Consolidated Financial Statements and accompanying Management’s Discussion and Analysis (“MD&A”) are available on the Company’s website at www.siennaliving.ca and on SEDAR+ at www.sedarplus.ca.
Sienna’s strong fourth quarter and annual results reflect the return to a stable operating environment, the Company’s successful cost management strategy, and sustained reductions in temporary agency staffing costs. Q4 2023 marks the fourth consecutive quarter of significant year over year same property net operating income (“NOI”) growth in the Company’s long-term care and retirement segments.
“Earlier in 2023, we outlined where we see…
