Business
REM: Headline earnings up 38.7%, dividend up 20%, and Heineken Beverages returns to profitability
REM: Headline earnings up 38.7%, dividend up 20%, and Heineken Beverages returns to profitability
About this update from Remgro Limited
Headline earnings rose 38.7% to ZAR 3.7 billion, driven by strong operational gains in key portfolio companies and a return to profitability at Heineken Beverages. The balance sheet was de-geared, enabling a 20% dividend increase and flexibility for new investments.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.