Investment holding company PSG Group released its full-year results on Tuesday reporting an almost 9% decline in headline earnings per share (HEPS) while recurring earnings per share (EPS) increased were up 7% due to stronger performances from most of the group’s core investments. Its agricultural holding, Zeder, reported a 35% decrease in recurring earnings and empowerment trust Dipeo contributed a R56m loss. PSG declared a final dividend of R2.77, bringing the total dividend to R4.15 — an increase of 11%. PSG Group CEO Piet Mouton spoke to Business Day TV about what the numbers mean. OR LISTEN TO THE AUDIO: Listen to all latest podcasts here.
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