Discovery

FY Results – Discovery posted normalized profit from operations +24% y/y to R11.66 billion. HEPS +5% y/y to R8.343 vs. R7.924 previously. Normalised HEPS +32% y/y to R7.678 vs. R5.816. A divi of R1.10 was declared after a 3-year hiatus. Discovery is South Africa’s second largest insurer.
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