When CEO Adrian Gore takes to the podium on Tuesday to present Discovery's interim results, investors will be scrutinising the company's performance with some asking whether it can afford to continue its upward growth trajectory. Headquartered in Johannesburg, Discovery has expanded its operations in the UK, US, China, Singapore and Australia. It recently partnered with insurers Generali in Europe and John Hancock in the US, promising to take its shared-value business model to these markets. Back home, it is very soon launching Discovery Bank. So pressure is mounting on the company to prove that its efforts to diversify the business on foreign soil are paying off. Abri du Plessis, a portfolio manager at Gryphon Asset management, said investors would be inspecting Discovery's results to ensure the "company is doing what everyone is expecting". Following the meltdown of multinational retailer Steinhoff in December, many growth-focused South African businesses may feel they are operati...
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