Humm Group Says Board Decided To Exit Canadian Business

By Reuters News

- Humm Group Ltd HUM.AX:

  • BOARD HAS DECIDED TO EXIT CANADIAN BUSINESS

  • CONSIDERING APPROPRIATE EXIT STRATEGY FOR CANADIAN BUSINESS, INCLUDING BY WAY OF SALE OR ORDERLY WIND DOWN.

  • CANADIAN BUSINESS EXIT EXPECTED TO IMPROVE ANNUALISED GROUP PROFIT EXCLUDING ANY ONE-OFF EXIT COSTS

  • 1Q27 GROUP NIM AT 5.3%

  • Q1 VOLUMES A$957.7 MILLION

  • AS AT 1Q27 END, ASSETS UNDER MANAGEMENT A$5,357.2 MLN

Further company coverage: HUM.AX

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