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#H1FY21 Results 23/2/21
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Added 4 years ago

1H21 Performance Overview

A record 1H21 result that positions AUB Group for another strong year

Summary

  •  Underlying NPAT1 $30.7mn (1HFY20: $21.3mn) up 44.2%.
  •  Underlying earnings per share 41.47 cents up 43.2%.
  •  Mixture of underlying organic and acquisition driven growth primarily in Australian Broking.
  •  Reported Net Profit After Tax $24mn (1HFY20: $16.6mn), up 44.5%.
  •  Fully franked interim dividend of 16.0 cents per share (1HFY20: 14.5 cps), an increase of 10.3%. Dividend Reinvestment Plan (DRP) remains activated.
  •  Excellent results in Australian Broking are a result of recent initiatives that will continue to drive sustainable improvement in revenue and underlying cost drivers.
  •  Accelerating growth in BizCover together with strong progress against FY21 Execution Priorities. 
  • Sale of Altius agreed, completing exit from Health & Rehabilitation Services.
  •  Continued focus to deliver on growth ambitions – Upgraded FY21 Underlying NPAT guidance of $63.0mn - $65.0mn, representing 17.9% - 21.7% growth on FY20.

https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02344610-2A1282144?access_token=83ff96335c2d45a094df02a206a39ff4

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