OVERVIEW OF BUSINESS
Remgro invests in businesses
that can deliver superior earnings, cash flow generation and dividends over the long term.
OVERVIEW OF BUSINESS
Remgro invests in businesses
that can deliver superior earnings, cash flow generation and dividends over the long term.
| Year ended 30 June 2021 |
Year ended 30 June 2020 |
% change |
|
| Total headline earnings (R million) | 2 885 | 3 167 | (8.9) |
|---|---|---|---|
| – per share (cents) | 510.6 | 560.6 | (8.9) |
| Headline earnings from continuing operations (R million)* | 2 885 | 1 737 | 66.1 |
| – per share (cents) | 510.6 | 307.5 | 66.0 |
| Dividends per share | |||
| Ordinary (cents) | 90.00 | 265.00 | (66.0) |
| – Interim (cents) | 30.00 | 215.00 | (86.0) |
| – Final (cents) | 60.00 | 50.00 | 20.0 |
| Intrinsic net asset value per share (R) | 177.33 | 154.47 | 14.8 |
| Remgro share price at 30 June (R) | 114.60 | 99.90 | 14.7 |
| Percentage discount to intrinsic net asset value (%) | 35.4 | 35.3 | (10 bps) |
| * | Headline earnings from continuing operations for the comparative year was calculated by excluding the equity accounted income of RMB Holdings Limited due to the unbundling of the investment. |
| Year ended 30 June 2021 |
Year ended 30 June 2020 |
|
| Spent on corporate social investment (CSI) at the centre (R million) | 22 | 25 |
|---|---|---|
| BBBEE scorecard contributor level | 5 | 6 |
| Continued participation in Carbon Disclosure Project | Yes | Yes |
| Inclusion in FTSE/JSE Responsible Investment Index | Yes | Yes |
The 2021 Annual General Meeting of Remgro will be held by way of electronic participation only (refer to the Notice to Shareholders regarding the electronic participation process).