Key points
- FY26 Statutory NPAT of $269.1m, down from $334.9m in FY25
- Underlying NPATA of $366.3m, up 7.1% from $341.8m in FY25
- Scheme Implementation Deed signed for Amwins, Dragoneer, and KKR to acquire Steadfast for $6.00 per share
- Final FY26 dividend of 20.95 cps, up from 19.50 cps in FY25
Full summary
Steadfast Group Ltd announced its FY26 financial results, reporting a statutory NPAT of $269.1 million, down from $334.9 million in FY25. The company's underlying NPATA increased by 7.1% to $366.3 million. Steadfast has entered into a Scheme Implementation Deed with Amwins, Dragoneer, and KKR, proposing a cash consideration of $6.00 per share. The company also announced a final FY26 dividend of 20.95 cents per share, up from 19.50 cents in FY25. The presentation includes detailed financial summaries and highlights from various business segments, including Australasian Broking, Underwriting Agencies, and International Businesses.
Guidance
FY26 Underlying EBITA of $669.8m, up 13.8% from FY25 $588.6m
Outlook
Steadfast Group anticipates continued growth and improvement in operational efficiencies across its segments, with a focus on enhancing broker relationships and expanding product offerings.