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Tower guidance beams up again

Listed insurer says underlying NPAT could be about $83m in year ended September 30.

Tower chief executive Blair Turnbull.

Listed insurance company Tower has again updated its full-year guidance because of favourable weather conditions and stronger business activity.

Based on preliminary and unaudited results, it said today that underlying net profit after tax could be about $83 million, up from the greater than $45m as

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Jonathan Mitchell Fri, 11 Oct 2024
Contact the Writer: jmitchell@nbr.co.nz
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Tower guidance beams up again
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