Insignia Financial Ltd (OTCPK:IOOFF)
$ 1.3 -0.36 (-21.69%) Market Cap: 1.37 Bil Enterprise Value: 1.67 Bil PE Ratio: 0 PB Ratio: 1.01 GF Score: 66/100

Half Year 2021 IOOF Holdings Ltd Earnings Call Transcript

Feb 23, 2021 / 11:30PM GMT
Release Date Price: $2.83
Operator

Good morning, everyone, and welcome to the IOOF Holdings Limited 2021 Half Year Results Presentation. (Operator Instructions)

For opening remarks, I'd like to hand the call over to IOOF CEO, Renato Mota. Please go ahead, Renato.

Renato Mota
IOOF Holdings Ltd - CEO & Director

Thank you, and good morning, everyone. Thanks for your time this morning. Over the next half hour or so, myself and our Chief Financial Officer, David Chalmers, will walk you through some of the highlights for our first 6 months of this financial year before opening up to questions.

So starting really with the financial overview. I'm pleased to say we've delivered what is a solid set of results from a financial perspective. And in addition to that, really delivered us a meaningful business transformation and business outcomes. Starting with our profit metrics, so starting with underlying NPAT as well as gross margin, we've seen a significant uplift in both of those with the contribution and inclusion of the P&I business coming across from ANZ. And importantly,

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