FIG 0.00% 2.0¢ freedom insurance group ltd

Broker Coverage, page-10

  1. 299 Posts.
    Entered fresh high territory last week on ann confirming "expectation that FY17 sales and earnings will be at the upper end of its previously announced guidance ranges."

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    Ann highlights:
    • Confirms it expects total sales and pro-forma EBITDA for FY17 will be at the upper end of the previously announced guidance ranges of $59m to $64m, and $18m to $21m.
    • Freedom has a medium term goal of becoming the second largest participant in the direct life insurance market for sales.
    • Launched its 'Freedom Loan Protection' product in May 2017. Expects to launch a new simple direct life product, June 2017.
 
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Currently unlisted public company.

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