Momentum lifts its earnings by 13%
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CAPE TOWN – Momentum Metropolitan Holdings kicked off the first three months of its 2020 financial year in robust fashion by lifting normalised headline earnings per share by 13percent.
Chief executive Hillie Meyer said: “Overall, we are satisfied with the results, which are well in line with our three-year turnaround plan.
“The plan is to continue focusing on bolstering our product and distribution capabilities, as well as on enhancing our client service and value proposition.”
Most business units were able to grow earnings year-on-year, with Guardrisk, the health operations and Momentum Investments the star performers, the group said in an operational update yesterday.
The first three months have traditionally been a more volatile period for the group financially.
Source: iol.co.za
