ClearView Wealth Ltd (ASX:CVW)
A$ 0.59 -0.005 (-0.84%) Market Cap: 383.72 Mil Enterprise Value: 416.63 Mil PE Ratio: 99.16 PB Ratio: 1.08 GF Score: 62/100

Half Year 2024 Clearview Wealth Ltd Earnings Call Transcript

Feb 21, 2024 / 11:00PM GMT
Release Date Price: A$0.595 (+1.71%)
Operator

Good day, and welcome to the ClearView Wealth Limited HY24 results conference call. (Operator Instructions) And finally, I would like to advise all participants that this conference is being recorded. Thank you.

I'd now like to welcome Nadine Gooderick, Managing Director, to begin the conference. Nadine, over to you.

Nadine Gooderick
ClearView Wealth Limited - MD

Thank you for joining ClearView's half-year results briefing. I'm here today with Athol Chiert, ClearView's Chief Financial Officer. In a moment, Athol will take you through the results in detail. But first, I will provide an overview and business update. There will be an opportunity to ask questions at the end.

ClearView has had another strong half year, with group underlying net profit after tax of $17.3 million, representing a 37% increase on the previous corresponding period under the new AASB 17 accounting standard. The business is enjoying strong momentum against the backdrop of favorable market conditions.

Our half-year '24 highlights include new business market

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