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Tower boosts profit outlook after limited severe weather

The listed insurer says underlying net profit range now between $70m and $80m.

Paul Johnston replaced Blair Turnbull as Tower CEO in February.

Listed insurance company Tower has again upgraded its earnings guidance after recording limited weather events and lower inflation.

The company said its expected range for underlying net profit after tax has been revised up to between $70 million and $80m for the year ended September 30, 2025. That

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Jonathan Mitchell Tue, 22 Apr 2025
Contact the Writer: jmitchell@nbr.co.nz
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Tower boosts profit outlook after limited severe weather
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