Company News Summary | 19 Sep 2019

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Insurance Aust. Grp. Reports NPAT Up 13.62% to $1,076m for the Year to 30 June 2019

16:04:00 | Associate analysts

Original annuncemenet:IAG FY19 Appendix 4E and Annual Report

Insurance Aust. Grp. reported NPAT up 13.62% to $1,076m for the year ended 30 June 2019. Revenue from ordinary activities were $17,658m, up 7.6% from last year. Diluted EPS was 42.72 cents compared to 40.08 cents last year. Net operating cash flow was $589m compared to an outflow of $53m in the pcp. The final dividend declared was 20 cents, taking the full year dividend to 37.5 cents compared with 34 cents last year.

Insurance Aust. Grp. Full Year Results to 30 June 2019

Year to 30 June 2019 ($A'000) Year to 30 June 2018 ($A'000)
Revenue 17,658,000 16,411,000
Pre-Tax Profit 1,332,000 1,410,000
Net Profit 1,076,000 947,000
Operating Cash Flow 589,000 (53,000)
Total Dividends (cents) 37.5 34
Diluted EPS (cents) 42.715 40.076
NTA (cents) 143 147
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