Discovery released its annual results on Tuesday, reporting a 17% rise in normalised profit, while net profit surged 28%, and normalised headline earnings came in 16% stronger. The group has invested close to R10bn in new business and new initiatives and the company’s bank is expected to be launched by the end of 2018. CEO Adrian Gore joined Business Day TV to provide some of the details behind the numbers.

OR LISTEN TO THE AUDIO:..

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.