
COMPANY RESULTS – Investec downsizes management as profits surge
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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

