News

Genworth first half 2018 earnings

01 August 2018 - Genworth

Genworth Mortgage Insurance Australia Limited (Genworth or the Company) (ASX: GMA) today reported statutory1 net profit after tax (NPAT) of $41.9 million and underlying2 NPAT of $50.3 million for the half year ended 30 June 2018 (1H18).

The Genworth Board has declared a fully franked interim ordinary dividend of 8 cents per share and a fully franked special dividend of 4 cents per share both payable on 30 August 2018 to shareholders registered on 16 August 2018.

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Georgette Nicholas talks full year 2017 earnings and the property market with Ross Greenwood

08 February 2018 - Money News with Ross Greenwood

Listen to Genworth’s CEO, Georgette Nicholas, as she speaks with Ross Greenwood on 2GB Money News about Genworth’s full year 2017 earnings release and current trends in the housing market.

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Genworth full year 2017 earnings

07 February 2018 - Genworth

Genworth Mortgage Insurance Australia Limited (Genworth or the Company) (ASX: GMA) today reported its 2017 full year (FY17) financial results. Statutory net profit after tax (NPAT) for the year ended 31 December 2017 was $149.2 million and underlying NPAT was $171.1 million.

The Genworth Board declared a fully franked final ordinary dividend of 12 cents per share payable on 16 March 2018 to shareholders registered on 2 March 2018. The total ordinary dividend for 2017 was 24 cents per share and represents a payout ratio of 70.3%, up from 67.2% in 2016.

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Georgette Nicholas talks about diversity with Kirsten Galliott of QANTAS

01 November 2017 - QANTAS travel insider

Genworth CEO Georgette Nicholas talks to Kirsten Galliott of QANTAS about the value of pursuing a diversity agenda both within Genworth and out in the market place. 

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Genworth first half 2017 earnings

02 August 2017 - Genworth

Genworth Mortgage Insurance Australia Limited (Genworth or the Company) (ASX: GMA) reported statutory net profit after tax (NPAT) of $88.7 million and underlying NPAT of $113.5 million for the half year ended 30 June 2017.

Ms Georgette Nicholas, Chief Executive Officer and Managing Director of Genworth, said, “Our first half results were in line with our expectations and demonstrate the resilience of our business model. Despite some challenging market dynamics, including elevated mortgage delinquencies in resource-exposed regional economies and a smaller high loan-to-value ratio (LVR) market, our profitability remains strong. At this time, our full year 2017 guidance is unchanged from that provided to the market in February.

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Genworth announces new Chief Commercial Officer

07 June 2017 - Genworth

Genworth announces the appointment of Mr Steven Degetto, who will be joining the Company as its new Chief Commercial Officer and member of the Senior Leadership Team and Executive Committee.

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