Helia Group Ltd (FRA:0GI0)

Half Year 2026 Helia Group Ltd Earnings Call Transcript

Aug 10, 2026 / 12:30 AM GMT

Release Date Price: €3.34 (+9.87%)

Transcript

Key Points

Positve

Helia Group Ltd (ASX:HLI) delivered a strong financial performance with a net profit after tax of $100 million and an underlying profit of $106.3 million, representing a return on equity of approximately 22%.
The company declared a fully franked interim ordinary dividend of $0.16 per share and an unfranked interim special dividend of $0.27 per share, along with an on-market share buyback of up to $75 million.
Total incurred claims remained negative at $14 million, reflecting favorable experience on delinquencies, strong cures, and significant positive equity in the portfolio.
Helia Group Ltd (ASX:HLI) is on track to achieve a $12 million per annum reduction in recurring expenditure by the end of FY2026, with operating expenses down significantly.
The company renewed important customer contracts with AMP Bank and ING Bank, and its in-force market share remained steady at approximately 50%.
The PCA coverage ratio was strong at 2.07 times, well above the target range of 1.4 to 1.6 times, providing significant capital flexibility.

Negative

Gross written premium (GWP) declined 44% on 1H25, mainly due to the loss of CBA new business and softer first-time buyer volumes following the expansion of the government's 5% deposit scheme.
Insurance revenue declined due to lower GWP in recent book years, and the LMI market saw a 14% contraction in new premiums in the first quarter of 2026.
The operating environment is becoming more challenging, with the RBA increasing the cash rate to 4.35% and dwelling values in Sydney and Melbourne declining, signaling a potential cyclical peak.
Net investment revenue was lower than the prior corresponding period, with 1H26 including small losses from rising bond yields.
The company faces headwinds from changes to negative gearing and capital gains tax announced in the Federal Budget, which have weighed on investor sentiment and mortgage lending.
New business conditions are more subdued, with the CSM recognized in profit and loss exceeding new business added, reflecting the lower GWP environment.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

HLI.AX - Helia Group Ltd
Half Year 2026 Helia Group Ltd Earnings Call
Aug 11, 2026 / 12:30AM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good day and thank you for standing by.

Welcome to the Helio Group Limited 2026 Half-Year Results Investor Conference Call.

At this time, all participants are under listen-only mode.

After the speaker's presentation, there'll be a question-and-answer session.

To ask a question during the session, you will need to press 1 1 on your telephone keypad.

Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your first speaker today. Please go ahead.

--------------------------------------------------------------------------------
Unidentified_2 [2]
-------------------------------------------------------------------

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.