Adjusted Earnings Per Share Growth
The company reported a growth in adjusted earnings per share of 2.5% to 40.5p, indicating a positive trend in profitability.
Strong Capital Position
Capital generation remained robust, enabling reinvestment in the business and shareholder distributions, including a dividend per share of 17.5p and a significant share buyback program.
South Africa Economic Improvement
Positive economic indicators in South Africa, including a credit rating upgrade and removal from the FATF grey list, contributing to a more favorable business environment.
Increase in Tangible Net Asset Value
The company saw an increase in tangible net asset value per share of 7.4%, showcasing strong asset management.