Suncorp Group Ltd (OTCPK:SNMCY)

$ 10.54 0.1659 (1.6%) Market Cap: 13.41 Bil Enterprise Value: 28.96 Bil PE Ratio: 17.52 PB Ratio: 1.47 GF Score: 69/100

Suncorp Group Ltd Investor Forum (General Insurance) Transcript

May 11, 2021 / 12:00AM GMT

Release Date Price: $8.62

Transcript

Steve B. Johnston

Suncorp Group Limited - Group CEO, MD & Director

(presentation)

Well, good morning, and welcome. I'm Steve Johnston, and let me begin, as always, by acknowledging the traditional owners of the lands on which we meet and to pay our respects to all elders, past, present and emerging.

Now at our interim results presentation in February, I introduced our 3-year business plan. That plan is focused on delivering returns above the group's cost of capital by FY '23. And we indicated then that we'd provide you with greater visibility of the key initiatives over the planned period and fundamentally how they will translate to improvements in the key financial metrics and our return on capital aspirations.

So in today's session, we'll focus on our general insurance businesses and present the program of work that will help deliver the required improvement in the underlying ITR.

Now the agenda for today is outlined on this slide. We're going to spend about 45 minutes talking through our presentation and the plan and follow that with Q&A. Now next Monday,

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