Super result for shareholders!
“...Based on preliminary and unaudited results, Tower anticipates FY24 full year underlying NPAT to be around $83m, up from greater than $45m as previously advised, due to no large events being recorded in the financial year and stronger-than-expected business performance, particularly in claims.
...Reported profit is expected to be around $74m after allowing for an increase in payments related to customer remediations and associated costs, including those related to regulatory action.”
Those boosted NZ broker price targets are making a lot of good sense now.
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Last
$1.37 |
Change
-0.050(3.52%) |
Mkt cap ! $469.2M | |||
| Open | High | Low | Value | Volume |
| $1.42 | $1.42 | $1.36 | $49.92K | 36.18K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 580 | $1.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.39 | 18776 | 1 |
View Market Depth
| Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
| TWR (ASX) Chart |