Challenger FY26 statutory net profit more than doubles to $506 million; annuity sales rise 19% to $6.2 billion
Reuters2026/08/17 22:28Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Challenger posted FY26 statutory net profit after tax of $506 million, up 163%; statutory basic EPS rose to 73.6 cents.
- Normalised net profit after tax climbed 3% to $468 million; normalised basic EPS increased 3% to 68.1 cents.
- Annuity sales rose 19% to $6.2 billion, lifting total Life sales 12% to $9.6 billion; Life annuity book grew 10.7%.
- Funds Management recorded net outflows of $4.1 billion, improving from $11.6 billion; closing FUM fell 4% to $108.7 billion.
- FY27 Core Basic EPS guidance set at 45-49 cents, reflecting up to 11% growth; target share buy-back lifted to $450 million.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Challenger Limited published the original content used to generate this news brief on August 17, 2026, and is solely responsible for the information contained therein.
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