Remgro bounces back from pandemic and doubles headline earnings
A final dividend of 100c was declared, bringing the total dividend to 150c for the year
27 September 2022 - 09:05
UPDATED 27 September 2022 - 11:42
Remgro more than doubled its headline earnings in 2022 off a lower base in its last financial year, as billionaire Johann Rupert's investment vehicle shook off the last effects of the Covid-19 pandemic.
Headline earnings, a widely used measure of profit that strips out impairments and one-off items, rose 125.1% to R6.49bn in the year to end-June, beating its 2021 and 2020 performance, but remained below the R8.2bn in headline earnings in 2019...
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