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Challenger releases FY08 results

Staff Reporter 1 minute read

Challenger Financial Services (Challenger) today announced a normalised net profit after tax of $218 million for the financial year ending June 2008.

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The group also reported statutory net profit after tax of $44 million reflecting negative (mark-to-market) investment experience and significant items.

The results were accompanied with news that Challenger chief executive officer Mike Tilley will stand down this month; Dominic Stevens, deputy managing director, will take his place.

Published: 25-08-08

Challenger releases FY08 results
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