Momentum guided for HEPS up between 45% and 55%, to between 432c and 461.8c for FY25. Strong contributions came from the South African life operations, with favourable mortality and morbidity trends, solid contractual service margin releases, and improved experience variances. Momentum Insure benefited from disciplined pricing and claims management, Guardrisk delivered higher underwriting profit and fee income, and earnings were further supported by investment market gains and yield curve effects. Results are due: 17 September 2025.
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