Helia Group Posts Lower 2024 Earnings, Revenue; Lifts Dividend

MT Newswires Live
02-25

Helia Group (ASX:HLI) reported Tuesday that its 2024 statutory earnings per diluted share fell to AU$0.797 from AU$0.847 per diluted share a year earlier.

Analysts polled by Visible Alpha were expecting an EPS of AU$0.692.

Underlying EPS was AU$0.761, compared with AU$0.763 a year earlier. Analysts surveyed by Visible Alpha expected AU$0.719.

Insurance revenue for the year ended Dec. 31, 2024, was AU$389.2 million, down from AU$427.3 million in the same period a year earlier. Analysts surveyed by Visible Alpha expected insurance revenue of AU$385.1 million.

The insurance lender expects 2025 insurance revenue to range from AU$310 million to AU$390 million. Analysts polled by Visible Alpha expect insurance revenue of AU$356.4 million.

The company will pay AU$0.69 per share in final and special dividends combined on April 3 to shareholders on record as of March 20. The company paid AU$0.45 per share in final and special dividends combined a year earlier.

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