NIB Holdings Ltd (AU:NHF) has released an update.
NIB Holdings Ltd (NHF) has highlighted its strong financial performance, emphasizing the importance of policy growth and margin targets as key drivers of shareholder value. The company reported a significant increase in revenue, Underlying Operating Profit (UOP), and Net Profit After Tax (NPAT) for FY24, marking its strongest result since its ASX listing in 2007. Despite slight variations from analysts’ consensus, NHF’s results did not materially differ from market expectations, with a particular focus on UOP which reflects the core performance of the business.
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