AUB Group Limited (AU:AUB) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
AUB Group Limited reported a significant increase in FY24 with an underlying net profit after tax (NPAT) of AUD 171.0 million and a fully franked final dividend of 59.0 cents per share, marking a 23.4% dividend increase from FY23. Major growth drivers included the full year of Tysers’ profits, expansion in Australian Broking, and strong performance in New Zealand and BizCover, setting AUB Group on an optimistic path with FY25 NPAT guidance projecting up to 16.9% growth.
For further insights into AU:AUB stock, check out TipRanks’ Stock Analysis page.