Aug 3 (Reuters) - Australian insurer Suncorp Group (SUN) reported a 5.1 percent rise in annual cash profit on Thursday, helped by growth in its Australian insurance business and lower claim costs, but came in just below analyst expectations.
Australia's second-largest insurer by market share said its cash profit for the year to June 30 rose to A$1.15 billion ($916 million) from A$1.09 billion a year ago.
Analysts had expected cash earnings of A$1.16 billion, according to Thomson Reuters I/B/E/S.
The company declared a final dividend of 40 cents per share, compared to 38 cents per share paid a year ago, and in line with forecasts. ($1 = 1.2561 Australian dollars)
Aug 3 (Reuters) - Australian insurer Suncorp Group (SUN)...
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Last
$20.93 |
Change
0.170(0.82%) |
Mkt cap ! $22.65B | |||
| Open | High | Low | Value | Volume |
| $20.75 | $20.98 | $20.68 | $31.48M | 1.509M |
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| 6 | 394 | $20.93 |
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| Price($) | Vol. | No. |
|---|---|---|
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| Last trade - 15.56pm 31/07/2025 (20 minute delay) ? |
| SUN (ASX) Chart |