AUB Group (AUB) AGM 2025 Presentation summary

Strategic growth and global expansion

• Achieved 32.3% CAGR in underlying NPAT and 18.8% CAGR in underlying EPS from FY21 to FY25, with revenue rising from A$651.8mn to A$1.5bn and GWP from A$4.0bn to A$11.0bn.

• Expanded global footprint to 6,000 staff across 579 locations, with significant presence in Australia, New Zealand, UK, and international markets.

• Completed key acquisitions including Pacific Indemnity, Momentum, and Movo, boosting UK Retail GWP from £110m to £340m in FY25.

• Agencies and BizCover delivered strong PBT growth of 30.0% and 26.8% respectively in FY25.

Financial performance and shareholder returns

• FY25 underlying NPAT grew 17.1% to AUD 200.2mn, exceeding guidance, with EBIT margin expanding to 34.7%.

• Revenue increased 12.7% to $1,501.3mn, underlying EPS rose 9.5% to 171.8 cents, and dividend per share increased 15.2% to 91.0 cents.

• Revenue growth was recorded across all business divisions, with improved operating leverage and accretive acquisitions.

• Portfolio optimisation in Australian Broking achieved a 37.8% EBIT margin in FY25.

Margin ambitions and operational priorities

• Medium-term EBIT margin targets remain on track, with actual margins in FY25: Australian Broking 37.8%, BizCover 45.8%, Agencies 44.2%, NZ Broking 34.4%, and Tysers/International 23.5%.

• Ongoing focus on portfolio optimisation, technology delivery, and international strategy execution.

• Priorities for FY26 include scaling agencies, growing BizCover, expanding UK Retail, and building out Tysers and specialty capabilities.