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Challenger ( (AU:CGF) ) just unveiled an update.
Challenger Limited reported a significant increase in its statutory net profit after tax, rising by 48% to $192.3 million for the year ending June 30, 2025, driven by improved underlying performance and reduced asset and liability experience losses. The company’s normalised net profit after tax also saw a 9.3% increase, reaching $455.5 million, attributed to higher net income and reduced interest and borrowing costs. The board announced a continuation of the Dividend Reinvestment Plan, with total dividends per share increasing by 11.3% to 29.5 cents, reflecting the company’s strong financial performance.
The most recent analyst rating on (AU:CGF) stock is a Sell with a A$6.60 price target. To see the full list of analyst forecasts on Challenger stock, see the AU:CGF Stock Forecast page.
More about Challenger
YTD Price Performance: 44.05%
Average Trading Volume: 2,593,746
Technical Sentiment Signal: Buy
Current Market Cap: A$5.8B
For an in-depth examination of CGF stock, go to TipRanks’ Overview page.