Half Year 2025 Australian Finance Group Ltd Earnings Call Transcript

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Feb 28, 2025

Feb 28, 2025 / 12:00AM GMT
David Bailey - Australian Finance Group Ltd - Chief Executive Officer

Good morning, everyone, and with me is our CFO Luca Pietro piccolo. IFG is pleased to present our half year results. The half has seen significant progress around our strategic initiative. Our distribution business has continued to strengthen, underpinned by our recent investment in broker technology and record recruitment numbers.

Our manufacturing business experienced record settlements and low runoff activity, and with now a record loan book size and steadily improving funding costs. We expect the efforts undertaken in the first half to provide a platform for stronger financial performance in the second half as well as into FY26.

Combined with progress on our equity investment broker businesses, as well as an improved outlook on our investment in think tank, we have a level of confidence as we turn into the second half of the year and into FY26.

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