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Australian United Investment Company Limited (ASX:AUI)

ALERT: Price-sensitive ASX Announcement for AUI
Current share price for AUI : $11.690 -0.21 (-1.76%)+
Announcement
Release
20 Aug 2026 8:30AM
Price at Release
$11.900
Full Release
download
Summary
The financial report for Australian United Investment Company Limited for the year ending 30 June 2026 outlines a substantial increase in profit after tax, reaching $220.4 million compared to $49.9 million the previous year. This significant rise is attributed to gains on acquisition and revaluation of the investment portfolio. The merger with Diversified United Investment Limited (DUI) played a critical role in expanding the investment portfolio and equity base, with total assets increasing to $3,070.6 million. The company’s net tangible asset (NTA) performance exceeded the S&P/ASX 200 index, showing a 9.5% increase, and a 11.0% increase when including franking credits. The merger also resulted in issuing 94.5 million new shares, significantly increasing issued capital. Dividends, including special dividends, maintained consistency with prior years, despite higher payouts. The company emphasizes long-term investment, reflected in a modest portfolio turnover and a low management expense ratio.
Key Points
  • Profit after tax increased to $220.4 million.
  • Merger with DUI expanded the investment portfolio.
  • Total assets rose to $3,070.6 million.
  • NTA performance outpaced S&P/ASX 200 index.
  • 94.5 million new shares issued post-merger.
  • Dividends remained consistent with prior years.
  • Low portfolio turnover and management expense ratio.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.