Challenger Limited Reports Strong FY25 Results and Strategic Growth
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Challenger Limited (AU:CGF) reported strong FY25 results, with a 9% increase in normalized net profit after tax to $456 million, meeting earnings guidance. The company achieved record sales in retail lifetime and Japanese annuities, driven by strategic initiatives and digital transformation. Challenger declared a fully franked dividend of 29.5 cents per share, an 11% increase from last year. Despite positive performance, the latest analyst rating on CGF stock is a Sell with a price target of A$6.60. The company focuses on retirement income products and has a market cap of A$5.8B.
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