Insurance and investment group Momentum Metropolitan reported greater normalised headline earnings despite the challenging economic environment, as it benefited from a better mortality experience — people living longer — and the less severe effects of Covid-19.
As a result, headline earnings per share , a common profit measure in SA that excludes certain items, improved 28.7% to 205.9c and normalised Heps nearly one-third to 224.4c in the nine months to end-March, amounting to R3.35bn...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 TimesLive Premium.
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