Remgro FY HEPS up 8.9%

Investment Group Remgro increased headline earnings per share by 8.9 per cent as higher contributions from investee companies Outsurance, Mediclinic, FirstRand offset lower returns from TotalEnergies, RCL Foods. Remgro described the operating environment, which included local headwinds such as loadshedding, high inflation and interest rates as well as external pressures from on-going geopolitical tensions, as one of the most difficult business environments in the company’s history. It was founded in 1940. Jannie Durand, CEO, Remgro joins CNBC Africa for more.
Thu, 21 Sep 2023 11:29:39 GMT