1H25 Results - Performance Overview

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Stock AUB Group Ltd (AUB.ASX)
Release Time 25 Feb 2025, 7:59 a.m.
Price Sensitive Yes
 AUB Group Ltd Reports 1H25 Results
Key Points
  • Underlying NPAT of AUD 79.3mn, up 12.9% YoY
  • Reported NPAT of AUD 26.4mn, down 50.2% YoY
  • Interim dividend of 25.0 cents per share, up 25.0% YoY
Full Summary

AUB Group Ltd reported strong 1H25 results, with underlying NPAT up 12.9% YoY to AUD 79.3mn, driven by growth across its Australian Broking, International, Agencies, and New Zealand Broking divisions. Reported NPAT of AUD 26.4mn was down 50.2% YoY due to the positive impact of a reduction in contingent consideration estimate in the prior period. The company declared a fully franked interim dividend of 25.0 cents per share, up 25.0% YoY. Australian Broking delivered revenue growth and margin expansion, while International operations saw revenue growth and margin expansion after normalizing for one-off items. The Agencies division reported a 32.3% increase in pre-tax profit, driven by strong organic growth and the acquisition of Pacific Indemnity. New Zealand Broking also reported profit growth, up 11.6% YoY. BizCover continued its strong performance, with a 28.5% increase in pre-tax profit. AUB Group reaffirmed its FY25 Underlying NPAT guidance range of AUD 190.0mn to AUD 200.0mn, representing growth of 11.1% to 16.9% over FY24.

Guidance

AUB Group forecasts FY25 Underlying NPAT in the range of AUD 190.0mn to AUD 200.0mn, representing growth of 11.1% to 16.9% over FY24.