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BRIEF-Sanlam Group says key trends emerging during 2016 persisted into 2017
June 7, 2017 / 12:01 PM / 3 months ago

BRIEF-Sanlam Group says key trends emerging during 2016 persisted into 2017

June 7 (Reuters) - Sanlam Ltd

* Group maintained a resilient operational performance for first four months of 2017 financial year

* Key trends emerging during 2016 financial year persisted into 2017

* Sanlam - strong growth in more profitable recurring premium risk business in south africa supported sterling growth in value of new life business at a higher overall margin

* First four months of 2017 was a very eventful period for south africa

* For four months to 30 april 2017, new business volumes of r71 billion, down 4% on first four months of 2016 financial year

* For four months to april 30, normalised headline earnings per share increased by 9% compared to first four months of 2016 financial year

* All of group operations remain well capitalised Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 80 6749 1136)

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