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Challenger Boosts Profits and Dividends on Strong Annuity Sales and Tech Upgrades
7:19am on Monday 2nd of June, 2025 AEST
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Financial Services
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Challenger Boosts Profits and Dividends on Strong Annuity Sales and Tech Upgrades
7:19am on Monday 2nd of June, 2025 AEST
Key Points
Normalized NPAT up 12% to $225 million
Statutory NPAT rises 28% to $72 million amid valuation impacts
Record retail lifetime annuity sales up 24%, Japanese annuities up 78%
Group AUM grows 3% to $131 billion
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