AUB Group Ltd’s shares rose 4.4% after the insurance brokerage posted underlying net profit after tax of A$224.6 million for the fiscal year ended June 2026, a 12.2% increase and above the A$220–230 million guidance range.
Revenue climbed 6.4% to A$1.6 billion, also surpassing expectations. The group’s EBIT margin expanded by 140 basis points to 36.1%, with the international division’s margin improving by 410 basis points to 27.6%. Underlying earnings per share increased 7% to 183.69 cents, though lagging net profit growth due to shares issued in the Prestige acquisition.
Management declared a fully franked final dividend alongside the results. The Prestige deal, completed in March 2026, contributed to the improved performance.
For the fiscal year ending June 2027, AUB guided underlying net profit after tax to A$245–265 million, implying growth of 9% to 18% from FY26. The outlook reflects confidence in organic growth, bolt-on acquisitions, and integration benefits from Prestige.
The broader market advanced, with the ASX 200 up 0.6% on the day.
