IAG insurance australia group limited
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Aug 7 (Reuters) - Insurance Australia Group Ltd (IAG) : FY NET...

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    07/08/20
    09:50
    Post #: 46368557

    Aug 7 (Reuters) - Insurance Australia Group Ltd (IAG) :

    • FY NET PROFIT ATTRIBUTABLE $435 MILLION VERSUS $1,076 MILLION
    • FY REVENUE FROM ORDINARY ACTIVITIES $18,576 MILLION VERSUS $17,658 MILLION
    • CONSIDERABLE UNCERTAINTY ATTACHED TO IAG'S FINANCIAL OUTLOOK FOR 2021 FINANCIAL YEAR
    • DETERMINED NOT TO PROVIDE GUIDANCE FOR 2021 FINANCIAL YEAR
    • DETERMINED NOT TO PAY A FINAL DIVIDEND FOR 2020 FINANCIAL YEAR
    • UNCERTAINTY OVER 2021 VIEW DUE TO IMPACT FROM COVID-19, BROADER ECONOMIC REPERCUSSIONS
    • FY TOTAL GWP OF $12,135 MILLION , UP 1.1%
    • FY REPORTED INSURANCE MARGIN OF 10.1%
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