Investec, the private bank and wealth manager, more than doubled earnings in its 2022 financial year and predicted a continued improvement in its business for the year ahead, despite rising global economic and geopolitical risks.
The London- and Johannesburg-listed lender, which reports its results in pounds, said headline earnings per share — the primary measure of profit that strips out certain one-off items — rose by more than 100% to 53.3p in the year end-March...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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