earnings

Earnings out earlier from housing and memorial parks developer Calgro M3 showed a 28 per cent jump in headline earnings per share for the first half to August. This while revenue slipped 26 per cent driven by reduced unit sales. 

Calgro M3 H1 HEPS jumps 28%

Zeder swung into an interim loss of 4.1 cents per share, citing adjustments to the valuations of its unlisted asset. 

Zeder half-year performance disappoints

Gerrie Fourie, CEO, Capitec joins CNBC Africa for more on the company’s half-year performance. 

Capitec half-year HEPS soar 36%

Momentum reported a 32 per cent jump in normalised headline earnings per share, boosted by a R500 million share buy programme in the year. 

Momentum FY HEPS up 39%

Pan African Financial Services firm Old Mutual says its on track to launch its bank even though doors will now open in the first quarter of next year as opposed to this year as previously expected. 

Old Mutual H1 HEPS up 38%

Discovery CEO, Adrian Gore joins CNBC Africa to breakdown the company’s full-year performance. 

Discovery reports 7% increase in FY HEPS 

Remgro’s performance for the year 2023/24 financial year has been particularly tough, with the group grappling with the integration of a series of corporate actions with headline earnings per share (HEPS) down by 18.8 per cent and earnings per share 

Remgro FY HEPS slump 18.8%  

Empowered investment group African Rainbow Capital raised its annual intrinsic net asset value by 21.5 per cent to R18.6 billion, thanks to a strong showing from its investments in Rain and Tymebank. 

African Rainbow Capital FY intrinsic net asset value up 21.5%

Document and storage management specialist Metrofile say its full-year headline earnings fall by almost 50 per cent due to low-volume growth across the business and a challenging trading environment. 

Metrofile FY HEPS slump 49%

FirstRand reported a 4 per cent rise annual normalised earnings and hiked its annual dividend by double.

FirstRand FY HEPS up 4%

Fintech group, Lesaka Technologies reported an 11 per cent increase in full-year revenue to R10.6 billion and an operating profit of R67 million versus an operating loss of R275 million in full-year 2023. 

Lesaka Technologies full-year revenue up 11%

Listed property group Growthpoint Properties saw its full-year distributable income decline by 10 per cent, stung by high interest rates.

EARNINGS