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Investec operating profit surpassed the £1 billion (R24 billion) mark for the first time.

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Manage episode 484257308 series 2915042
Content provided by Kaya 959. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kaya 959 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
GUEST – Cumesh Moodliar - Investec SA CEO
Investec will pay a record dividend for the third year after the bank’s operating profit surpassed the £1 billion (R24 billion) mark for the first time.
The specialist lender with operations in the UK and South Africa announced on Thursday morning that its “pre-provisioned” adjusted operating profit rose 7.8% to over £1.04 billion (R25.1 billion) for the financial year ended 31 March 2025.
Headline earnings per share (Heps) retreated marginally to 72.6 pence from 72.9 pence, while return on equity eased to 13.9% from 14.6%, but remained within the bank’s 13%-17% target range, it said. Kaya FM
  continue reading

174 episodes

Artwork
iconShare
 
Manage episode 484257308 series 2915042
Content provided by Kaya 959. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kaya 959 or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
GUEST – Cumesh Moodliar - Investec SA CEO
Investec will pay a record dividend for the third year after the bank’s operating profit surpassed the £1 billion (R24 billion) mark for the first time.
The specialist lender with operations in the UK and South Africa announced on Thursday morning that its “pre-provisioned” adjusted operating profit rose 7.8% to over £1.04 billion (R25.1 billion) for the financial year ended 31 March 2025.
Headline earnings per share (Heps) retreated marginally to 72.6 pence from 72.9 pence, while return on equity eased to 13.9% from 14.6%, but remained within the bank’s 13%-17% target range, it said. Kaya FM
  continue reading

174 episodes

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