AMP posts FY25 Platforms & Investments NPAT of AUD 62m, up 14.8%

Reuters
02/12
AMP posts FY25 Platforms & Investments NPAT of AUD 62m, up 14.8%

AMP Limited reported its full year (FY) 2025 results, posting underlying net profit after tax (NPAT) of AUD 285 million, an increase of 20.8%. Statutory NPAT for the period was AUD 133 million, representing a decrease of 11.3%. Total revenue for the year rose by 2.8%. Assets under management (AUM) stood at AUD 161.7 billion at the end of FY 2025, up 9% from the previous year. The cost to income ratio improved by 6.1 percentage points to 61.5%, while controllable costs were reduced by 6.9%. By business unit, Platforms and Investments delivered an NPAT of AUD 106 million, up 9.3%, and Superannuation & Investments reported AUD 62 million, up 14.8%. AMP Bank reported an NPAT of AUD 65 million, while the AMP Bank GO business posted a loss of AUD 10 million. New Zealand Wealth Management contributed AUD 39 million in NPAT, up 5.4%. The Group segment recorded an NPAT of AUD 23 million. Key corporate highlights for the period include the launch of AMP Bank GO and the rollout of digital advice. AMP also resolved further legacy legal matters, settling two class actions and receiving AUD 68 million from insurers related to historical remediation programs. Net cashflows improved year-on-year, supported by new and existing advisers. The company emphasized its strategic focus on the growing retirement market, with the North Interactive Wealth Portal set to launch in the first half of 2026. AMP’s Reptrak reputation score reached 67.9, its highest since reporting began in 2008.

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