AFG Reports Strong Growth and Optimistic Outlook

Australian Finance Group Ltd. (AU:AFG) has released an update.

Australian Finance Group Ltd. has reported a strong finish to FY24, with significant growth in its Distribution division and a resurgence in its Manufacturing division, suggesting a positive outlook for FY25. The company has announced robust cash flows and a decrease in operating costs, alongside a record high residential loan book of $200 billion and a fully franked final dividend of 4 cents per share. AFG’s strategic investments and broker network expansion have positioned it well for future growth and market share gains.

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