Australia's Helia Group hits record high on results, outlook upgrade

Helia

22/08/2025 03:08

** Shares of Helia Group HLI.AX rise as much as 6.4% to record high of A$5.990

** The insurer posts first-half Statutory net profit after tax of A$133.7 million ($85.84 million), a 38% jump on pcp

** Declares special dividend of 27 AU cents per share, along with an ordinary dividend of 16 AU cents apiece

** Hikes FY25 Insurance revenue forecasts to the range of A$350 million to $390 million, compared to previously provided range of A$310 million to A$390 million

** YTD, shares up 42.4%

($1 = 1.5576 Australian dollars)

 (Reporting by Nichiket Sunil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com))