COMPANY RESULTS – Investec downsizes management as profits surge

The announcement follows the release of Investec’s financial results for the year ended 31 March 2023, where it increased its dividend per share by 24%. Dividends per share grew from 25 pence (R6.04) in 2022 to 31 pence (R8.46) in 2023. The group said it achieved a robust financial performance over the financial year, despite the difficult macroeconomic backdrop. Adjusted operating profit totalled £835.0 million (R20.1 billion) in 2023, up from £687.4 (R16.6 billion) in 2022 <a href="http://www.kayafm.co.za/">Kaya FM </a>