MTM Results Neutral

MOMENTUM GROUP LIMITED - Unaudited interim results for the six months ended 31 December 2025 and dividend declaration

Momentum Group Limited
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What this filing means

Momentum Group delivered 8% growth in normalised headline earnings and a 29% dividend hike, but this is offset by a 15% decline in the value of new business and tightening solvency margins.

Bull case

  • Normalised headline earnings grew by 8% to R3.69 billion, demonstrating disciplined strategic execution.
  • The interim dividend per share increased significantly by 29% to 110 cents.

Bear case

  • Value of New Business (VNB) declined by 15%, causing the new business margin to contract to 0.5%, well below the 1% to 2% target.
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Category
Results
Event posture
No Edge
Published
Mar 19, 2026

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