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Showing 191 - 200 of 263 results for "NPAT"

Pinnacle splashes $50m on acquisitions

KANIKA SOOD  |  TUESDAY, 24 JUL 2018
... under management. All of its five-year affiliate strategies have outperformed the benchmark as at June end. It is expecting NPAT for the year to be $23.1 million - almost double FY17 results. Final audited performance for the year will be announced in ...

CBA to demerge CFS, mulls further CommInsure sell-off

JAMIE WILLIAMSON  |  MONDAY, 25 JUN 2018
... that is safe, simple and scalable." CFS Group offers investors a company with a strong earnings base, with pro forma 2017 NPAT of about $500 million and a strong capacity to pay franked dividends, CBA said. "Today's announcement is another step in ...

Blue Sky falls short of disclosure expectations

ALEX BURKE  |  MONDAY, 16 APR 2018
... company's ability to make new investments in the short term." Kain added: "The revision to fee-earning AUM and underlying NPAT is based on the expectation that the company will now be constrained from completing new investments outside of unallocated ...

Suncorp reviews options for life insurance business

KARREN VERGARA  |  THURSDAY, 15 FEB 2018
... growth in retail and direct channels due to stepped age and CPI increases. The wealth business reported a 20% increase in NPAT to $6 million, driven by positive investment returns and the performance of the annuity and participating business. Natural ...

Improved distribution strengthens ClearView result

DARREN SNYDER  |  FRIDAY, 25 AUG 2017
... LifeSolutions sales, which overall increased 16% in FY17. Growth in ClearView's financial advice division saw an underlying NPAT of $2.2 million, up 47%. Advisers across Matrix Planning Solutions and ClearView Financial Advice increased to 243. The group's ...

Suncorp hails diversity amid profit boost

ALEX BURKE  |  THURSDAY, 3 AUG 2017
... flexibility, and which rewards the right behaviour and performance outcomes." As above, underpinning this was the group's boost in NPAT, fuelled by total revenue growth of 12% to $17.3 billion. The majority of revenue came from insurance ($10.3 billion) ...

Internal restructuring hits EQT profits

ALEX BURKE  |  FRIDAY, 2 SEP 2016
... million. A final dividend of 34c per share has been declared, in line with the company's policy to payout 70-90% of reported NPAT. The reduced result has been attributed to EQT's "business transition," which, as above, comprises exiting from non-core ...

Perpetual reports 8pc profit boost

ALEX BURKE  |  THURSDAY, 25 AUG 2016
Perpetual has reported an 8% boost in statutory net profit in its FY2016 results. The $132 million NPAT was largely driven by the $118.1 million before-tax profit in Perpetual's investment management business, even if this was 6% lower than the prior ...

Australian Ethical forecasts 86pct profit jump

MARK SMITH  |  THURSDAY, 19 MAY 2016
... Ethical Investment, expects its full-year profit to jump 86%. In a statement the company has advised that net profit after tax (NPAT) for the 12 months ending 30 June 2016 is expected to be between $3.47 and $3.84 million, up from $1.97 million last ...

BTIM reveals strong results

KERRIE SYDEE  |  THURSDAY, 5 MAY 2016
BT Investment Management (BTIM) has released its 1HY16 results, revealing a 33% increase to cash net profit after tax (NPAT) to $88.6 million driven by a combination of higher performance fees, the expansion of operating and fee margins, higher average ...