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AUB Group ( (AU:AUB) ) has provided an update.
AUB Group Limited has announced an optimistic earnings guidance for the fiscal year 2025, forecasting its underlying net profit after tax (UNPAT) to be at the higher end of the AUD 190.0 million to AUD 200.0 million range. This positive outlook is attributed to favorable trading momentum and strategic financial assumptions, including a hedging program for USD operational flows. The announcement suggests a strong financial performance that could enhance AUB’s industry positioning and potentially benefit stakeholders.
More about AUB Group
AUB Group Limited (ASX: AUB) is an ASX200 listed company that operates as a group of retail and wholesale insurance brokers and underwriting agencies. The company operates in approximately 595 locations globally, employing over 5,500 team members who serve around 1,000,000 clients. AUB Group places more than AUD 10.0 billion in insurance premiums with both local and foreign insurers.
YTD Price Performance: -0.83%
Average Trading Volume: 15
Technical Sentiment Signal: Sell
Current Market Cap: €2.12B
For an in-depth examination of AUB stock, go to TipRanks’ Stock Analysis page.