Sanlam reports headline earnings increase in tough operating environment

PUBLISHED: Thu, 06 Sep 2018 10:40:34 GMT

Sanlam has come out with figures this morning likely to cause ripples on the market. Headline earnings up 12 per cent to R5.12 billion and headline earnings per share also up by 8 per cent. But on the other side new business was down 1 per cent. The company was cautious: “ Acceptable Performance under difficult conditions.” Sanlam CEO, Ian Kirk joins CNBC Africa for more.