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Heartland Group

Directory

NZX code:
HGH
Short name:
Heartland Group Holdings
Legal name:
Heartland Group Holdings Limited
Industry sector: Financial Services
NZX50 rank: [no data]
Head office:
35 Teed Street, Newmarket, Auckland, 1023
Chairman:
Greg Tomlinson
Chief executive:
Jeff Greenslade
Financial year ended:
June
Locations: New Zealand, Australia
Auditor:
KPMG
Bankers:
[Not disclosed]

Heartland Group Holdings

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Financial Data

A. Recent trading and performance summary

Total revenue NPAT Earnings per share
mln mln cents
2018 309 68 13
2019 330 74 13
2020 347 72 12
2021 328 87 15
2022 342 95 16
2023 527 96 13
2024 278 75 10
2025 307 39 4

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B. Recent financial position summary

Total assets Total Liabilities Equity ratio
bln bln %
2018 4.5 3.8 15
2019 4.9 4.3 14
2020 5.3 4.6 13
2021 5.7 4.9 13
2022 7.1 6.3 11
2023 7.7 6.7 13
2024 9.3 8.1 13
2025 8.6 7.4 14

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C. Recent cash flows and positions

Cash inflows Cash outflows Cash and equiv. at year end
mln mln mln
2018 80 87 50
2019 100 70 75
2020 145 72 147
2021 375 340 182
2022 485 357 311
2023 43 121 312
2024 929 612 630
2025 977 621 356

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D. Recent key ratio analysis

Earnings per share Price:Earnings ratio NTA/share Dividend yield
cents annual avg dollars annual avg %
2018 13 1.1
2019 13 13 1.1 6
2020 12 10 1.1 6
2021 15 14 1.2 5
2022 16 12 -0.4 7
2023 14 12 1.1 9
2024 12 9 1 11
2025 0.04 21 1 8

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Description of trading activities

Heartland Group Holdings Limited is a financial services group with operations in New Zealand and Australia. Its strategy includes digital distribution channels where it can provide innovative products in niche areas within the household, business, and rural sectors.

CEO profile

Jeff Greenslade joined Heartland in 2009 as Chief Executive Officer, this comes at a time when Marac Finance Limited, one of the four New Zealand entities that merged in 2011 became Heartland Group Holdings Limited (Heartland). Greenslade has over 20 years' of experience as a senior banking executive, including with ANZ, UDC Finance, and Southpac.

Chairman profile

Greg Tomlinson is a Christchurch-based businessman with over 40 years of experience owning, and building through different businesses. Tomlinson Group has active investments in the aged care, animal pharmaceuticals, finance, and wine sectors.