Absa Group announces strong earnings and increased dividend

Absa Group Limited reported a robust financial performance for the year ended December 31, 2024, with total income increasing by 5% to R109.949 billion. Headline earnings per ordinary share rose by 10% to 2,662.2 cents, while basic earnings per share increased by 8% to 2,599.2 cents. The net asset value per ordinary share also saw an 11% increase, reaching 19,311 cents. The return on equity improved to 14.8%.