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AUB Group Limited Reports Mixed Half-Year Financial Results

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AUB Group Limited Reports Mixed Half-Year Financial Results

The latest announcement is out from AUB Group Limited ( (AU:AUB) ).

AUB Group Limited announced its half-year financial results for the period ending December 31, 2024, reporting an 8.43% increase in revenue to AUD 547.7 million. Despite a significant drop in profit from ordinary activities by 50.34% to AUD 26.4 million, the company saw a substantial rise in total comprehensive income by 146.76% to AUD 82.9 million. The underlying NPAT increased by 13.03% to AUD 79.3 million, and an interim dividend of 25.0 cents per security was declared, fully franked at a 30% tax rate.

More about AUB Group Limited

AUB Group Limited is an ASX200 listed company specializing in retail and wholesale insurance brokerage and underwriting agencies. Operating in approximately 595 locations worldwide, the company employs over 5,500 team members who manage insurance premiums exceeding AUD 10 billion for around 1,000,000 clients with both local and foreign insurers.

YTD Price Performance: -6.01%

Average Trading Volume: 90

Technical Sentiment Consensus Rating: Hold

Current Market Cap: €2B

For detailed information about AUB stock, go to TipRanks’ Stock Analysis page.

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