Australian insurance broker AUB gains on upbeat annual profit outlook
25/08/2026 04:37
BUZZ-Australian insurance broker AUB gains on upbeat annual profit outlook ** Shares of AUB AUB.AX jump as much as 5.3% to A$30.62, its highest level since January 30
** Insurance broker expects FY27 underlying NPAT of A$245 million to A$265 million ($175.25 million - $189.55 million), implying growth of 9.1% to 18% from FY26
** Co declares a fully franked final dividend of 71 AU cents per share, up from 66 AU cents a year earlier
** Stock last up 3.8%, trimming YTD losses to ~2%
($1 = 1.3980 Australian dollars)
(Reporting by Kumar Tanishk in Bengaluru)
((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk;))
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