Tower (TWR) Guidance summary
Event summary combining transcript, slides, and related documents.
Guidance summary
13 Jun, 2025Guidance on key objectives
Underlying NPAT for FY24 is now expected to exceed $45m, up from previous guidance of more than $40m.
GWP growth is projected to reach or surpass the upper end of the 10% to 15% guidance range.
Market trends and strategic opportunities
Stronger than expected BAU claims performance attributed to targeted underwriting and mild weather conditions.
Key challenges and risks discussed
Guidance assumes full utilisation of the $45m large events allowance for FY24, though no large events have occurred to date.
Any unused large events allowance at year end will further boost underlying NPAT.
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