Remgro reported HEPS up 42.2% to R20.03, above the guidance midpoint of R20.01. Headline earnings rose 42.3% to R11.14bn. Growth was driven by stronger Mediclinic, Rainbow Chicken, CIVH, OUTsurance and Heineken performances. Once off items added R1.02bn, with adjusted headline earnings increasing approximately 29%. Adjusted FCFC per share increased 28.6% to R8.91, while the ordinary dividend rose 73% to 595c. A special dividend of 550c was also declared.
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