Momentum reported HEPS up 50% to 447c for FY25, compared with 299c a year earlier. Revenue rose 14% to R802.8bn, supported by stronger performance across life, corporate, retail, and insurance businesses. Results were driven by higher annuity profits in investments, improved underwriting in Momentum Insure, strong growth in Guardrisk, and positive actuarial assumption changes, partly offset by weaker new business volumes. ROE improved to 21.2% from 15.5% and the dividend increased 40% to 175c.
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