Slide 1: Investor Presentation and Conference Call
12 June 2019 The Manager Market Announcements Office Australian Securities Exchange Ltd Level 6, Exchange Centre 20 Bridge Street Sydney NSW 2000 FOR RELEASE TO THE MARKET Dear Sir / Madam, Investor Presentation and Conference Call AUB Group Ltd (ASX:AUB), Australasia’s largest equity based broker n
Slide 2: About AUB Group
About AUB Group AUB Group Ltd is Australasia’s largest equity based broker network driving ~AU$3.2 billion of fee generating GWP across its network of 93 businesses, servicing more than 550,000 clients, over 1 million policies across 600+ locations. In Australia, the Group has ~20% of the commercial
Slide 3: Investor Presentation and Trading Update
Investor Presentation and Trading Update June 2019 Mike Emmett CEO and Managing Director Mark Shanahan CFO
Slide 4: AUB Group Overview
AUB GROUP OVERVIEW High quality core business with excellent client and market reputation OUR BUSINESSES OUR PORTFOLIO ▪ 61 Partner businesses, with ~20% Commercial AUSTRALIAN BROKING Insurance Market Share with primary SME focus ▪ Established complementary capabilities in Life $3.2B+ GWP 15 STRATEG
Slide 5: Market Leading Capability
MARKET LEADING CAPABILITY Recognised capabilities and expertise across the network SELECT INSURANCE INDUSTRY AWARDS FY19 Authorised Insurance Brokerage of Best Digital Strategy – Elite Brokers 2019 Broker of the Year, John Representative Group of the Year (>20 Staff) Brokerage ▪ Dale Hansen, Duncan
Slide 6: FY19 Review
FY19 REVIEW Continued growth and strong M&A activity to deliver a platform for the future YTD FY19 BUSINESS OVERVIEW YTD FY19 M&A OVERVIEW AUB Group ➢ Strong inorganic investment activity of ~$98m in transactions ➢ New CEO (March 2019) and restructure of the leadership team leading to reduced Senior
Slide 7: FY19 Performance Update
FY19 PERFORMANCE UPDATE FY19 RESULTS GUIDANCE ➢ On the 25th February AUB announced that it expected Adjusted NPAT growth for FY19 to be in the lower end of the previously announced range of 7 to 12% growth over FY18 ➢ Disappointingly the Group now expects Adjusted NPAT in the range of 3 to 5% growth
Slide 8: New CEO Observations
NEW CEO OBSERVATIONS Highly regarded expertise and reputation across the network with opportunity to better leverage scale & capability, and upgrade growth ambitions Highly regarded franchise with deep insurance expertise Significant scale, footprint and excellent market reputation Scope to leverage
Slide 9: Strategic Direction
STRATEGIC DIRECTION Focus on unlocking new value from the existing portfolio and continue to invest strategically to drive accelerated growth GROWTH PILLARS INCREASE FOCUS ON OPTIMISE PORTFOLIO CONTINUED FOCUS ON ENHANCE PARTNER VALUE PRODUCT DESIGN AND STRUCTURE FOR INORGANIC GROWTH AND PROPOSITION
Slide 10: FY20 Execution Priorities
FY20 EXECUTION PRIORITIES Deliver on upgraded growth ambitions through market leading partner propositions, investment in capability and better leverage of our network’s scale 1 Enhance partner proposition with improved product and capacity offerings 2 Consolidate sector specialisations to build sca
Slide 11: Questions
QUESTIONS
Slide 12: Notice
NOTICE SUMMARY INFORMATION This document has been prepared by AUB Group Limited (ABN 60 000 000 715) (AUB). It is a presentation of general background information about AUB’s activities current at the date of the presentation. It is information in a summary form and does not purport to be complete.
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