Investec Group (OTCPK:IVTJF) Q2 2025 Earnings Conference Call November 21, 2024 4:00 AM ET
Company Participants
Fani Titi – Group Chief Executive Officer
Nishlan Samujh – Group Finance Director, Chief Financial Officer
Ruth Leas – Chief Executive Officer and Executive Director, Investec Bank plc
Cumesh Moodliar – Chief Executive Officer, South African business
Conference Call Participants
Chris Steward – Ninety One SA
Fani Titi
Okay. I suggest we start. Good morning, and welcome to the beautiful city of Cape Town from which we are hosting this presentation of the results. The screens are not on, so we’re going to first start with a short video and then get into the presentation.
[Video Presentation]
Thank you. As usual, I’m going to be joined by my colleagues, Nishlan Samujh, our Finance Director; Cumesh Moodliar, the Chief Executive of our South African business; and Ruth Leas, the Chief Executive of U.K. and Other Business to review the results.
We’re going to try to go through the basic presentation in 45 minutes, have about 15, 20 minutes of questions or more if needed. So to start off with just an overview. We’re obviously very pleased with the solid results that we have published earlier today for the period — six-month period ending the 30th of September 2024. Really great results.
And ROE, as you see, in fact, sorry, not ROE first, let me start with adjusted earnings per share of 39.5p, which is at the upper end of the range that we guided in September when we had a pre-close briefing. If you look at the graph on the left, you will see that in the first-half of ’22, we reported adjusted EPS of 26.3p and you can see a progression of performance over this time, showing that our business has had underlying momentum over a period of time.
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