Aug 15 (Reuters) - Aveo Group (AOG) : FY STATUTORY PROFIT AFTER...

Aug 15 (Reuters) - Aveo Group (AOG) :

• FY STATUTORY PROFIT AFTER TAX OF $365.1 MILLION, UP 44 PERCENT
• FY FUNDS FROM OPERATIONS (FFO) IN LINE WITH SETTLEMENTS AT $115.4 MILLION VERSUS $163.9 MILLION
• ANNOUNCES A STRATEGIC REVIEW OF ITS RETIREMENT BUSINESS TO EXAMINE A NUMBER OF KEY OPTIONS INCLUDING WITH POTENTIAL CAPITAL PARTNERS
• CONFIRMS FY19 EPS GUIDANCE OF 20.4 CPS
• TARGETING A FULL YEAR DISTRIBUTION BASED ON A PAYOUT RANGE OF 40% ‐ 60% OF UNDERLYING PROFIT
• BOARD TAKES VIEW THAT FACTORS AFFECTING CURRENT DISCOUNT TO NTA ARE OUTWEIGHED BY STRONG MEDIUM TO LONG‐TERM GROWTH PROSPECTS FOR SECTOR
• TOTAL RETIREMENT REVENUE INCREASED BY 56% IN FY18 TO $600.7 MILLION
• BOARD IS CURRENTLY FINALISING MANDATE ARRANGEMENTS FOR ADVISORY ROLE; ANNOUNCEMENT WILL BE MADE BY 24 AUGUST
• ANNOUNCES FINAL DIVIDEND OF 9.0 CPS