Enterprise Group declares 30% dividend improve after robust 2024 monetary efficiency
Enterprise Group PLC has introduced a 30 % improve in dividend funds to shareholders, declaring a payout of GHS 0.126 per share, amounting to a complete payout of GH₵22.5 million.
The information was shared on the firm’s Annual Basic Assembly (AGM) held in Accra, on July 2, 2025 the place the Board Chairman, Keli Gadzekpo, outlined a yr of stable monetary efficiency and strategic development.
Mr. Gadzekpo attributed the Group’s spectacular 2024 outcomes to enhanced operational effectivity and a pointy deal with buyer expertise and know-how.
“This efficiency is a testomony to our disciplined execution and our deal with buyer expertise, innovation, and the efficient deployment of know-how to boost premium assortment and repair supply,” he informed shareholders.
Enterprise Group’s insurance coverage income rose by 30.5 % in 2024, underpinned by its funding in digital platforms and automation. The Group additionally recorded a major restoration in profitability, with web revenue surging by 49.6 % after a difficult 2023.
“Web revenue grew considerably by 49.6%, recovering from a destructive 24.7% development recorded in 2023, which was as a result of changes made in respect of IFRS 17 restatements of our 2023 numbers,” Mr. Gadzekpo defined.
“Revenue after tax rose to GH₵ 366 million from GH₵;193 million within the prior yr.”
Trying forward, Mr. Gadzekpo stated Enterprise Group stays optimistic about Ghana’s financial outlook. “With renewed deal with fiscal consolidation, tax reforms, and bettering investor confidence, we anticipate development to be sustained into 2025,” he stated.
He additionally revealed that 2025 would mark the start of a brand new strategic cycle for the Group. “We’ll sharpen our deal with investing in our most crucial useful resource, our folks, and on grounding our Nigerian operations because it grows,” he stated.
Enterprise Group continues to place itself as a number one participant within the monetary companies trade, with its efficiency in 2024 reinforcing its dedication to worth creation for shareholders and long-term sustainability.
DISCLAIMER: The Views, Feedback, Opinions, Contributions and Statements made by Readers and Contributors on this platform don’t essentially symbolize the views or coverage of Multimedia Group Restricted.
DISCLAIMER: The Views, Feedback, Opinions, Contributions and Statements made by Readers and Contributors on this platform don’t essentially symbolize the views or coverage of Multimedia Group Restricted.
Source link
