Steadfast Group Posts Higher Fiscal H1 Earnings as Revenue Rises; Reaffirms Fiscal 2025 Underlying EPS Growth Outlook
Steadfast Group (ASX:SDF) reported Wednesday that its underlying earnings per diluted share in the fiscal first half rose to AU$0.116 from AU$0.102 per diluted share a year earlier.
Analysts polled by Visible Alpha were expecting underlying EPS of AU$0.116.
On a statutory basis, diluted EPS was AU$0.096, flat compared with a year earlier. Analysts polled by Visible Alpha were expecting AU$0.114.
Revenue from ordinary activities for the six months ended Dec. 31, 2024, was AU$779.7 million, up from AU$126.6 million in the same period a year earlier.
For fiscal 2025, the general insurance broker network reaffirmed its underlying diluted EPS growth guidance of 12% to 16% and underlying net profit after tax outlook of AU$290 million to AU$300 million.
The board declared an interim dividend of AU$0.078 per share, up from the AU$0.0675 a year earlier, payable on March 27 to shareholders on record as of March 4.
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