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Sanlam Group delivers on tough performance of previous financial year

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The Sanlam Group has released its interim results for the six months ended 30 June 2021, reporting a continued resilient performance from 2020 and no declaration of an interim dividend.

The Sanlam Group released its interim results for the six months ended 30 June 2021 on Thursday, 9 September 2021. It reported that the group has continued to deliver on the tough performance of the previous financial year.

The net result from financial services is reported to have increased by 16 percent to R4 529 million, and net operating earnings increased by 33 percent to R4 679 million. Headline earnings reported an increase of 3 percent to R4 003 million. Additionally, the net result from financial services per share increased by 16 percent to 203.1 cents, while net operating earnings per share increased by 34 percent to 209.9 cents per share.

The group also reported an increase in new business volumes of 12 percent to R176 billion, while the net fund inflows increased by 12 percent to R38 billion. The group equity value per share was R58.48, and the group declared no interim dividend.


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