South African billionaire Johann Rupert’s investment company, Remgro, is projecting a sharp increase in earnings for the year ended 30 June 2025.
In a trading update, the group said it expects headline earnings to rise by between 33% and 43%, landing in the range of R13.54 billion to R14.56 billion. Headline earnings are the key performance measure used for market trading statements.
Remgro, chaired by Rupert who also controls nearly half of the company through both ordinary and B shares holds major stakes in some of South Africa’s most prominent firms, including Mediclinic, OUTsurance, Seacom, Heineken Beverages, FirstRand, and the Blue Bulls rugby franchise.
The company attributed the strong growth to improved operational results across most of its portfolio businesses, coupled with reduced financing costs. The rebound also follows the drag of large once-off corporate actions that weighed on performance during the prior period.
Founded as Rembrandt by Rupert’s father Anton, the group has since evolved into one of South Africa’s most influential investment vehicles.
Remgro will provide full details of its financial performance when it releases interim results via the JSE’s SENS platform on 23 September 2025.
