Billionaire Johann Rupert’s investment giant is crushing it

Remgro has reported a strong set of results for its 2025 financial year, with strong growth in earnings and dividends despite a significant increase in costs resulting from corporate actions.

Remgro is chaired by billionaire businessman Johann Rupert, whose father, Anton Rupert, started the company in the 1940s.

Today, it is a South African-based investment holding company listed on the JSE with stakes in many of South Africa’s most well-known companies, including Mediclinic, RCL Foods, OUTsurance, and FirstRand.

On Tuesday, 23 September, Remgro released its results for the year ended 30 June 2025, which revealed a strong performance for the investment giant.

Its headline earnings increased to R7.83 billion, up 38.6% compared to the 2024 financial year. Headline earnings per share saw similar growth of 38.4% to R14.09 per share.

The company’s intrinsic net asset value per share grew by 16.5% to R292.34 per share.

Remgro attributed this strong growth to improved operational performances from the majority of its investments.

It specifically highlighted the substantial contributions from Mediclinic (R362 million), OUTsurance (R318 million), Rainbow Chicken (R324 million), and RCL Foods (R264 million).

Heineken Beverages was also a standout performer, as the company’s return to profitability saw it contribute R406 million, driven by volume growth and margin recovery.

However, Remgro also pointed to some hits it took during the 2025 financial year, which offset some of these strong performances.

It listed lower contributions from TotalEnergies, which negatively impacted earnings by R359 million, mainly due to higher negative stock revaluations.

In its 2025 financial year, Remgro also experienced a negative impact of R140 million from significant corporate actions undertaken in previous financial years.

Positively, Remgro also saw lower finance costs due to the redemption of preference shares, resulting in a R403 million boost.

On the back of these strong results, Remgro upped its dividend by over 30% to 344 cents per share and declared a special dividend of 200 cents.