PSG Financial Services expects increased earnings for year-end

PSG Financial Services (JSE:KFS) has issued a trading statement indicating a significant increase in its financial performance for the year ended February 28, 2025. The company expects its results to be at least 20% higher than the previous corresponding period. Headline and recurring headline earnings per share are projected to fall within the range of ZAR99.9 to ZAR102.3, a substantial increase from the reported ZAR81.1 for the year ended February 29, 2024. Recurring headline earnings per share (excluding amortisation) are expected to be between ZAR105.8 and ZAR108.4, compared to ZAR86.9 previously. Attributable earnings per share are also estimated to be between ZAR100.0 and ZAR102.4, up from ZAR81.1. The company anticipates publishing its full financial results on or around Wednesday, April 16, 2025.