Remgro’s headline earnings per share (HEPS) rose 38.6% to 672c, above the 670c mid-point of guidance | Net asset value (NAV) per share up 10.3% to R276.89 | Interim dividend +20% to 96c | Key contributors: Rainbow Chicken (+R237m) | RCL Foods (+R224m) | OUTsurance (+R195m) | Mediclinic (+R152m) | & Heineken Beverages (+R274m) | Key detractors: *TotalEnergies (-R331m) & Community Investment Ventures (-R147m) | These performance above, along with lower finance costs (+R226m), & reduced corporate action impacts (down to R77m from R343 m) boosted earnings | Total earnings: R3.66bn from a *restated loss of -R1.64bn, aided by the absence of prior impairments in Heineken Beverages (R4.26 bn) and related goodwill (R1.05 bn) | *Comparative period earnings were restated due to a correction for TotalEnergies’ Natref investment fair value.
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