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Tower profit guidance range bumped up by $30m

The listed insurer says the guidance is on condition no large natural disasters occur this month.

Chief executive Paul Johnston.

NBR Staff Fri, 12 Sep 2025
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

Listed insurance company Tower has boosted its profit guidance for the financial year ended September by $30 million because of limited severe weather.

It said its underlying net profit after tax is now expected to be in the range of between $100m to $110m, provided that no large events are recorded

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NBR Staff Fri, 12 Sep 2025
Contact the Writer: editor@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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Tower profit guidance range bumped up by $30m
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