Momentum Group H1’25 HEPS up 55%

In a recent interview with CNBC Africa, Jeanette Marais, Group CEO of Momentum Group, shared insights into the exceptional financial performance of the company for the first half of 2025. Marais expressed her delight at the standout results, attributing them to a strategic focus on new business growth and operational efficiency. The group saw a significant uptick in various segments, including short-term business, affluent retail offerings, and investments across Africa. One of the key highlights of the period was the increase in the value of new business, a metric that reflects both sales growth and cost efficiencies. Marais pointed out the success of Momentum Investments in annuity sales, showcasing a trend of consumers seeking financial security amid market volatility. Additionally, Momentum Retail witnessed a surge in life insurance product sales at reduced costs, demonstrating the company's commitment to delivering value to clients. However, amidst the positive financial performance, Marais also addressed challenges faced by the company, particularly in light of renewed consumer withdrawals in the new financial year. She highlighted the impact of the withdrawals on the business and reiterated the importance of navigating economic uncertainties. Looking ahead, Marais acknowledged the external factors that could influence the company's future, such as potential job losses and global economic trends. Despite these challenges, she emphasized the group's commitment to providing quality service, innovative products, and expanding its advisor network to better serve clients. As the group focuses on growth and value retention, Marais discussed plans to invest surplus capital back into the business, with a special emphasis on expanding their asset management arm and enhancing the value of face-to-face advice. The group's dedication to client-centric offerings and strategic investments bode well for its continued success in navigating the complex financial landscape. Overall, Momentum Group's strong performance in the first half of 2025 underscores its resilience and strategic acumen in delivering value to shareholders and clients alike, despite the challenging economic environment.