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Old Mutual ( (ODMUF) ) just unveiled an update.
Old Mutual Limited reported a 29% increase in adjusted headline earnings for the first half of 2025, driven by strong underwriting and equity market performance. The company declared an interim dividend of 37 cents per share and announced a R3 billion share buyback, reflecting its commitment to shareholder value. Despite a decrease in group equity value and challenges in some markets, Old Mutual is focusing on strategic priorities to enhance operational efficiency and market competitiveness, particularly in South Africa and Southern Africa. The company is also realigning its growth strategy by exiting less promising markets and concentrating resources on high-potential areas.
More about Old Mutual
Old Mutual Limited is a financial services group based in South Africa, primarily offering insurance, investment, and banking services. The company focuses on markets in Southern Africa, leveraging its strong brand and extensive distribution network to maintain market leadership and drive growth.
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