Steadfast Group FY25 results market release
| Stock | Steadfast Group Ltd (SDF.ASX) |
|---|---|
| Release Time | 28 Aug 2025, 6:15 p.m. |
| Price Sensitive | Yes |
Steadfast Group Reports Strong FY25 Results
- Underlying NPAT up 17.2% to $295.5m
- Final dividend up 14.0% to 11.70 cps
- Steadfast Australasian Network brokers delivered 6.0% GWP growth
Steadfast Group has announced its FY25 results, reporting strong growth across key financial metrics. Underlying NPAT increased 17.2% to $295.5m, while underlying EBITA grew 11.9% to $591.4m. The Steadfast Australasian Network brokers delivered 6.0% growth in gross written premium (GWP) to $12.5b, and Steadfast Underwriting Agencies generated $2.5b of GWP, an uplift of 5.9% over FY24. The company continued to execute its disciplined acquisition strategy, making earnings-accretive investments both in Australia and internationally. Steadfast's London market capabilities were expanded through the strategic acquisition of H.W. Wood Limited, and the company also acquired a majority stake in Novum Underwriting Partners LLC in the USA. The Group maintained a conservative approach to capital management, with gearing at 27% as of 30 June 2025. The Board has declared a fully franked final dividend of 11.70 cps, up 14.0% from the prior year. Steadfast has provided FY26 guidance, with an underlying NPATA range of $365m to $375m, underlying NPAT of $315m to $325m, and underlying EBITA of $650m to $665m.
Steadfast provides the following FY26 guidance range: Underlying NPATA $365m - $375m, Underlying NPAT $315m - $325m, Underlying EBITA $650m - $665m, Underlying diluted EPS (NPAT) growth 6% - 10%. The guidance is based on achieving 3% - 5% increase in pricing of insurance premiums in Australia.
Steadfast continues to execute its disciplined acquisition strategy to support its long-term growth and profitability, with further acquisition opportunities, particularly outside Australia.