Steadfast Group Reports FY25 Results: Revenue Up 8.9%, Underlying NPAT Up 17.2%, EPS Up 1.2%

Reuters
Aug 29
Steadfast Group Reports FY25 Results: Revenue Up 8.9%, Underlying NPAT Up 17.2%, EPS Up 1.2%

Steadfast Group Ltd. has announced its financial results for the fiscal year 2025, reporting a significant increase in key financial metrics. The company's underlying net profit after tax (NPAT) rose by 17.2% to $295.5 million. Revenues increased by 8.9% to $1.826 billion. The underlying earnings before interest, tax, and amortization (EBITA) grew by 11.9% to $591.4 million. Additionally, the final dividend was raised by 14.0% to 11.70 cents per share. The statutory NPAT, including non-trading gains and losses, was reported at $334.9 million, up from $228.0 million in the previous year. The growth in EBITA was driven by organic growth of 8.8% and acquisition growth that contributed 3.1%. Looking ahead, Steadfast Group has provided its guidance for fiscal year 2026, projecting an underlying NPATA between $365 million and $375 million, an underlying NPAT of $315 million to $325 million, and an underlying EBITA ranging from $650 million to $665 million. The company expects an underlying diluted EPS growth of 6% to 10%. Steadfast Group's brokers in the Australasian Network also reported a 6.0% growth in gross written premium. The company operates insurance broker and agency networks in several regions, including Australia, New Zealand, Singapore, London, and the USA, managing approximately $25 billion in gross written premium annually.

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