Tower boosts profit outlook – again
The listed insurer now expects underlying profit after tax to be above $45 million in year ended September 30.
Tower chief executive Blair Turnbull.
Listed insurer Tower has a more positive profit outlook because of favourable weather conditions and ‘business-as-usual’ claims.
The company now expected underlying net profit after tax to be above $45 million, in the year ended September 30, up from previous guidance of more than $40m.
It told
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