Remgro invests in businesses that can deliver superior earnings and dividend growth over the long term. This involves the acquisition of meaningful interests in companies that have sound management and have the ability to generate strong cash returns and growth. Remgro forges strategic alliances on a partnership basis and endeavours to add value where possible. The purpose is to ensure excellent returns to shareholders by way of dividend and capital growth.

Salient features

        %  
    2009   2008   change  
  HEADLINE EARNINGS PER SHARE 987.7c   1 692.8c   (41.7) 
  HEADLINE EARNINGS PER SHARE FROM      
     CONTINUING OPERATIONS* 671.5c   964.1c   (30.3) 
  EARNINGS PER SHARE 9 607.9c   2 095.7c   358.5  
         
  HEADLINE EARNINGS R4 660m   R7 991m   (41.7) 
  HEADLINE EARNINGS FROM CONTINUING      
     OPERATIONS* R3 168m   R4 551m   (30.4) 
  EARNINGS – net profit for the year R45 330m   R9 893m   358.2  
         
  Dividends per share      
  Ordinary 190.00c   510.00c   (62.7) 
  – Interim 80.00c   180.00c   (55.6) 
  – Final 110.00c   330.00c   (66.7) 
         
  Net asset value per share      
  (attributable to own members)      
  – at intrinsic value R99.15   R253.67   (60.9) 
     Tobacco interests –   R137.47    
     Other investments R99.15   R116.20   (14.7) 
         
  Stock exchange prices      
  Closing price per share at 31 March R67.50   R195.93   (65.5)