South Africa's Investec full-year profit up 4.8 percent - CNBC Africa

South Africa's Investec full-year profit up 4.8 percent

Financial

by Reuters 0

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South African bank and asset manager Investec reported a 4.8 percent increase in full-year profit on Thursday, helped by net new fund inflows and a strong showing at its banking unit.

Investec, which is also listed in London, said adjusted earnings per share (EPS) rose to 41.3 pence from 39.4 pence a year earlier.

It raised its full-year dividend to 21 pence per share from 20 pence a year earlier.

 

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