AUB Group Limited engages in the insurance broking and underwriting businesses in Australia and New Zealand. The company provides insurance broking and advisory services primarily to SME clients; distributes ancillary products; and designs, distributes, and manages insurance products on behalf of licensed insurance companies. It also offers support services, such as loss adjustment, investigations, claims management, and claim legal support services; and automated quoting and binding, white-labelling, and technological support services, as well as ExpressCover; and BizCover, a digital SME insurance platform with multi-channel presence and insurance offerings. The company was formerly known as Austbrokers Holdings Limited and changed its name to AUB Group Limited in November 2015. AUB Group Limited was incorporated in 1885 and is headquartered in North Sydney, Australia.

AUB Group Limited

AUB Group is an ASX200 listed group of retail and wholesale insurance brokers and underwriting agencies operating in approximately 595 locations globally. It serves around 1 million clients and places around AUD 10 billion in insurance premiums with various insurers.

AUB Group

AUB Group Limited is an ASX200 listed group comprising insurance brokers and underwriting agencies operating in ~450 locations across Australia and New Zealand. We work with 700,000 clients to place more than $3.6bn in insurance premiums with local and foreign insurers.

AUB Group Limited is delighted to announce that we have once again received the Great Place to Work Certification™ from Great Place To Work® Australia New Zealand Pty Ltd. This result is a wonderful testament to AUB Group employees efforts in building a great workplace for all.

#greatplacetowork #gptwcertified #gptw2023

AUB Group CEO and Managing Director Mike Emmett has been named Most Influential CEO 2023 – Australia (Insurance Broking) by CEO Monthly. Mike and the AUB team have transformed AUB Group, turning the Australian group into an international broking powerhouse and almost quadrupling the market cap over the past four years.

#ceo #insurace #broking

AUB Group Limited is pleased to announce an extraordinary result for 1H23 with NPATA increasing 52.4% vs 1H22. The increase was driven by revenue growth, underlying solid margin expansion across all divisions, as well as accretive acquisitions including Tysers. Link to the Investor Presentation as presented by Mike Emmett and Mark Shanahan FCA, GAICD.

AUB Group Limited announces the appointment of Richard Deutsch as a Non-Executive Director. 

Richard is a Non-Executive Director and Chair of the Board Audit Committee of Bendigo and Adelaide Bank Limited. He is also the Chair of the Movember Foundation and the Stephenson Mansell Group. 

Richard was the Chief Executive Officer of Deloitte Australia from 2018 to 2021. Prior to the CEO role, Richard was the Managing Partner of the Audit & Advisory Practice and a Global Audit & Advisory Leadership Team member. 

Richard’s career includes more than 25 years working with PwC, including nine years as PwC’s Australian executive.

#aubgroup #boardofdirectors #leadership

AUB Group Limited is pleased to announce that, as a result of strong Q1 FY23 trading and the completion of the Tysers acquisition on 30 September 2022, it is updating guidance for FY23. FY23 underlying net profit after tax (UNPAT) guidance, including Tysers and Group debt costs, is expected to be in the range of AUD107.5mn to AUD115.0mn, representing growth of 45.2% to 55.4% over FY22. Link to the 2022 AGM Presentation, as presented by David Clarke and Mike Emmett. 

#agm2022 #presentation #results #acquisition

AUB Group is pleased to announce that we have reached an agreement to acquire the highly regarded Strata Agency, Strata Unit Underwriters (SUU) from IAG. The underwriting partnership will allow AUB Group to build on our already excellent relationship with IAG and commence our planned expansion in the Strata sector in Australia, according to Mike Emmett, AUB Group CEO. 

#insurance #underwriting #strata #acquisition

	Jun '14	Jun '15	Jun '16	Jun '17	Jun '18	Jun '19	Jun '20	Jun '21	Jun '22	Jun '23	Jun '23	Jun '24
revenue	172.97M -	191.34M 10.62%	202.98M 6.08%	234.22M 15.39%	240.65M 2.74%	307.18M 27.65%	307.75M 0.18%	315.86M 2.64%	326.54M 3.38%	326.54M 0%	826.34M 153.06%	1.02B 23.02%
cost of revenue						179.09M -	33.17M 81.48%	35.36M 6.59%	183.43M 418.79%		86.71M -	216.48M 149.66%
gross profit	172.97M -	191.34M 10.62%	202.98M 6.08%	234.22M 15.39%	240.65M 2.74%	128.09M 46.77%	274.57M 114.36%	280.50M 2.16%	143.11M 48.98%	326.54M 128.18%	739.63M 126.51%	800.10M 8.17%
selling and marketing expenses	11.88M -	13.23M 11.44%	13.85M 4.62%	2.61M 81.17%	3.86M 48.22%	3.07M 20.55%	10.42M 239.41%	7.76M 25.50%	7.92M 2.07%	7.92M 0%	29.83M 276.40%	37.84M 26.88%
general and administrative expenses	107.09M -	120.00M 12.05%	131.36M 9.47%	153.90M 17.16%	161.43M 4.89%	14.39M 91.09%	19.89M 38.24%	23.19M 16.58%	164.76M 610.62%	164.76M 0%	84.07M 48.98%	98.50M 17.17%
selling general and administrative expenses	107.09M -	120.00M 12.05%	131.36M 9.47%	156.51M 19.14%	165.29M 5.61%	44.41M 73.13%	37.72M 15.08%	40.32M 6.89%	172.69M 328.34%	172.69M 0%	136.67M 20.86%	155.36M 13.67%
research and development expenses
other expenses	5.12M -	5.66M 10.57%	14.50M 156.21%	-3.22M 122.21%	12.15M 477.39%	-209.05M 1,820.31%	-216.46M 3.55%	-228.24M 5.44%	24.17M 110.59%	89.15M 268.88%	-558.19M 726.12%	-661.52M 18.51%
cost and expenses	144.75M -	163.24M 12.77%	178.06M 9.08%	199.95M 12.29%	209.18M 4.62%	238.45M 13.99%	249.63M 4.69%	263.59M 5.59%	243.63M 7.57%	261.84M 7.47%	644.90M 146.29%	878.00M 36.15%
operating expenses	144.75M -	163.24M 12.77%	178.06M 9.08%	199.95M 12.29%	209.18M 4.62%	59.36M 71.62%	216.46M 264.64%	228.24M 5.44%	261.84M 14.72%	261.84M 0%	558.19M 113.18%	201.54M 63.89%
interest expense	3.33M -	4.31M 29.31%	5.39M 25.03%	4.13M 23.31%	5.32M 28.72%	5.90M 10.90%	8.18M 38.58%	7.40M 9.45%	5.74M 22.41%	5.74M 0%	71.80M 1,149.98%
ebitda	63.31M -	64.24M 1.47%	72.56M 12.96%	65.54M 9.68%	83.28M 27.07%	71.95M 13.60%	78.89M 9.64%	73.26M 7.14%	151.51M 106.81%	151.51M 0%	241.81M 59.60%	219.69M 9.15%
operating income	28.21M -	28.10M 0.40%	24.91M 11.34%	34.28M 37.58%	31.47M 8.19%	62.15M 97.49%	58.11M 6.50%	52.27M 10.06%	90.73M 73.59%	127.95M 41.03%	181.45M 41.81%	138.57M 23.63%
depreciation and amortization	5.96M -	6.16M 3.34%	6.26M 1.59%	7.03M 12.28%	7.30M 3.80%	9.81M 34.42%	20.78M 111.88%	20.99M 1.02%	23.56M 12.22%	23.56M 0%	60.36M 156.24%	81.12M 34.38%
total other income expenses net	5.12M -	5.66M 10.57%	14.50M 156.21%	21.45M 47.94%	39.62M 84.73%	-17K 100.04%	-20.66M 121,435.29%	12.61M 161.02%	63.22M 401.44%	-5.74M 109.09%	-90.03M 1,467.43%	41.34M 145.92%
income before tax	54.01M -	53.77M 0.46%	60.91M 13.29%	54.38M 10.73%	68.15M 25.33%	62.13M 8.83%	37.45M 39.72%	64.88M 73.24%	122.21M 88.37%	122.21M 0%	91.41M 25.20%	179.91M 96.82%
income tax expense	11.61M -	10.91M 6.05%	12.13M 11.17%	11.28M 7.02%	13.18M 16.86%	12.96M 1.66%	11.18M 13.76%	18.48M 65.34%	22.32M 20.81%	22.32M 0%	35.48M 58.95%	48.39M 36.39%
net income	34.66M -	34.89M 0.67%	42.00M 20.39%	32.99M 21.46%	46.52M 41.02%	48.36M 3.96%	47.25M 2.29%	70.62M 49.45%	80.84M 14.46%	65.25M 19.28%	65.25M 0%	137.07M 110.06%
weighted average shs out	61.16M -	63.27M 3.46%	65.07M 2.85%	65.90M 1.28%	65.90M 0%	69.67M 5.72%	75.45M 8.29%	75.13M 0.43%	76.55M 1.88%	76.55M 0%	100.27M 30.99%	109.08M 8.79%
weighted average shs out dil	61.68M -	63.51M 2.98%	65.20M 2.65%	66.12M 1.41%	66.15M 0.05%	69.67M 5.32%	75.45M 8.29%	76.06M 0.80%	76.81M 0.99%	76.81M 0%	100.27M 30.54%	109.84M 9.55%
eps	0.57 -	0.55 3.51%	0.65 18.18%	0.50 23.08%	0.71 42.00%	0.69 2.82%	0.62 10.14%	0.93 50.00%	1.06 13.98%	1.06 0%	0.65 38.68%	1.26 93.85%
epsdiluted	0.56 -	0.55 1.79%	0.64 16.36%	0.50 21.88%	0.70 40.00%	0.69 1.43%	0.62 10.14%	0.93 50.00%	1.05 12.90%	1.05 0%	0.65 38.10%	1.25 92.31%

AU:COM:AUBGROUP

AUB Group

Last Close

31.38

22/11 05:10

Market Cap

3.78B

Beta: -

Volume Today

143.61K

Avg: -

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