AUB Group (ASX:AUB) disclosed FY26 underlying net profit after tax of $224.6 million, representing growth of 12.2%, alongside FY27 underlying NPAT guidance of $250 million to $265 million, at its 2026 Annual General Meeting held on 12 November 2026.

Key Points

  • FY26 underlying NPAT grew 12.2% to $224.6 million, with group EBIT margin expanding 140 basis points to 36.1%
  • International Division delivered underlying PBT growth of 19.6% on FY25, with margin expansion of 410 basis points
  • FY27 underlying NPAT guidance set at $250 million to $265 million, implying growth of 11.3% to 18.0% over FY26
  • Total operating business revenue reached $1,596.6 million in FY26, with group revenue CAGR of 16.7% from FY19 to FY26

FY26 Divisional Performance

According to the AGM presentation, AUB Group's operating businesses generated total revenue of $1,596.6 million in FY26, up 6.4% on the prior year. Australian Broking revenue reached $647.8 million, up 6.0%, while BizCover revenue was $120.9 million, up 14.0%. The International Division, which includes Tysers, recorded revenue of $494.9 million, up 6.2%. New Zealand revenue of $92.3 million represented a decline of 5.7%. The Agencies division recorded revenue of $240.9 million, up 9.2%. The filing states the New Zealand market continues to be challenging, with improvements underway to enhance performance in FY27.

Group EBIT and Profit by Division

The filing disclosed group operating businesses EBIT of $576.5 million, up 10.8%, at an EBIT margin of 36.1%. Australian Broking EBIT was $246.7 million, up 6.8%, at a margin of 38.1%. BizCover EBIT reached $57.7 million, up 19.0%, at a margin of 47.8%. The International Division recorded EBIT of $136.4 million, up 24.5%, at a margin of 27.6%. Underlying PBT attributable to equity holders across operating businesses was $396.8 million, up 12.1%. The acquisition of Prestige was completed in March 2026 to expand AUB's scale in UK Retail, according to the filing.

FY27 Guidance and Execution Priorities

AUB Group disclosed FY27 underlying NPAT guidance of $250 million to $265 million, with a midpoint of $257.5 million, representing growth of 11.3% to 18.0% over FY26. The filing noted the bottom of the guidance range was increased from $245 million. The company disclosed three FY27 execution priorities: integrating and scaling the International division including completing the Prestige and UK Retail integration; improving portfolio performance including restoring New Zealand performance; and deploying capital selectively against disciplined return hurdles, including acquisitions and disposals, while scaling technology and operational capabilities.