JOHANNESBURG – South Africa’s second-biggest life insurer, Sanlam, almost doubled 2005 headline earnings per share thanks to strong equity markets and better risk underwriting results, the company said yesterday.
The company said in a statement headline EPS – the key profit gauge in South Africa which excludes non-trading, capital and certain one-off items – rose 99 per cent to 229,8 cents. Sanlam, which had forecast a 90-100 per cent jump in headline EPS, said it was “set for continued growth”.- Nampa-ReutersSanlam, which had forecast a 90-100 per cent jump in headline EPS, said it was “set for continued growth”.- Nampa-Reuters
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