Page 188 - Profile's Stock Exchange Handbook - 2025 Issue 4
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JSE - SAN                               Profile’s Stock Exchange Handbook: 2025 - Issue 4
                     Sanlam Ltd.                              NUMBER OF EMPLOYEES: 23 926
                                                              DIRECTORS: Birrell A S (ind ne), Botha A D
                                                               (ne), Essoka E (ind ne), Kruger N A S (ind ne),
                                                               Manyonga N (ind ne), Masilela E (ind ne),
                                                               Mokoka M G (ind ne), Moller J P (ind ne),
                                                               Nkosi S A (ne), Nondumo K T (ind ne),
                                                               van Biljon W (ind ne), van Zyl Dr J (ne),
                                                               Zinn S A (ind ne), Mvusi T I (Chair, ind ne),
                                                               Motsepe Dr P T (Dep Chair, ne), Hanratty P B
                                                  Scan the QR code to   (CEO), Mukhuba A (FD)
                                                   visit our website  POSTAL ADDRESS: PO Box 1, Sanlamhof, 7532
                                                  EMAIL: ir@sanlam.co.za
        ISIN: ZAE000070660   SHORT: SANLAM   CODE: SLM  WEBSITE: www.sanlam.com
        REG NO: 1959/001562/06   FOUNDED: 1918   LISTED: 1998  COMPANY SECRETARY: Adela Fortune
        NATURE OF BUSINESS:                       TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
                                                  SPONSOR: Standard Bank of South Africa Ltd.
        Sanlam  is  a  leading  financial  services  group  delivering   AUDITORS: KPMG Inc.,PwC Inc.
        long-term growth through its operations in high-potential   BANKERS: Absa Bank Ltd.
        emerging markets. With a history spanning over a century,   CALENDAR  Expected  Status
        Sanlam is driven by its purpose to empower generations   Next Final Results  Mar 2026  Unconfirmed
        to be financially confident, secure and prosperous.  Annual General Meeting  Jun 2026  Unconfirmed
        Sanlam’s solutions, delivered through its clusters, create a   Next Interim Results  Sep 2026  Unconfirmed
        unique ecosystem that enables Sanlam to serve its clients’   CAPITAL STRUCTURE  Authorised  Issued
        financial services needs over their lifetimes.  SLM  Ords 1c ea    4 000 000 000    2 117 153 949
        With  a  presence  in  30  countries,  Sanlam  is  focused  on   DISTRIBUTIONS [ZARc]
        high-potential emerging markets in Africa and Asia that   Ords 1c ea  Ldt  Pay  Amt
        have  attractive  structural  drivers  for  long-term  growth,   Final No 27  1 Apr 25  7 Apr 25  445.00
                                                  Final No 26
                                                                  2 Apr 24
                                                                                      400.00
                                                                            8 Apr 24
        accelerated financial inclusion and shared value creation.  Final No 25  3 Apr 23  11 Apr 23  360.00
        Sanlam’s  diversified  geographic  scope  and  market-  Final No 24  5 Apr 22  11 Apr 22  334.00
        leading positions across South Africa, Pan-Africa and Asia,   LIQUIDITY: Sep25 Avg 20m shares p.w., R1 754.2m(50.3% p.a.)
        alongside our strategic partners in each region, provide
        compelling near- to long-term opportunities to capture   SANLAM  40 Week MA  LIFE  10000
        growth and service the unmet financial services needs of                      9000
        large, marginalised client populations.
                                                                                      8000
        SECTOR: Fins--Insurance--Life Insurance--Life Insurance
        MAJOR ORDINARY SHAREHOLDERS as at 30 Jun 2025                                 7000
         Government Employees Pension Fund (PIC)   14.41%                             6000
         Ubuntu-Botho Investments (Pty) Ltd.   13.81%
         Ninety One SA (Pty) Ltd.         5.49%                                       5000
        FINANCIAL STATISTICS                        2021   2022   2023   2024   2025  4000
                     Jun 25 Dec 24  Dec 23  Dec 22  Dec 21
        (R million)  Interim  Final Final(rst) Final(rst) Final(rst)  RECENT ANNOUNCEMENTS
        FundsFmClients*  123 770 234 218  206 220  109 702  177 807
        Financial Ser*  13 231  25 139  18 830  13 777  14 327  Thursday,  04  September  2025:  Result  from  insurance
        NetIntPd(Rcvd)*  966  1 243  1 106  821  714  operations for the interim period grew to R7.6 billion (2024:
        Tax on op inc*  4 460  7 909  7 079  3 464  5 352  R6.5  billion)  while  result  from  other  operations  lowered
        Minority Int*  1 408  2 471  2 008  733  960  to  R6.1  billion  (2024:  R7.1  billion)  and  net  operating
        Core Earnings*  10 227  19 133  11 595  11 227  9 026  result  rose  to  R13.2  billion  (2024:  R12.8  billion).  Profit
        TotCompIncLoss  9 971  21 782  16 846  11 672  13 368  for  the  period  from  continuing  operations  attributable
        Hline Erngs-CO  9 705  19 779  10 985  9 687  9 041
        Fixed Ass     2 700  2 674  2 550  1 776  4 312  to  shareholders’  fund  went  up  to  R10.2  billion  (2024:
        Inv & Loans  1 056 182 998 644  827 309  773 272  815 914  R9.6  billion).  Furthermore,  headline  earnings  per  share
        Def Tax Asset  976  1 409  1 619  1 630  3 319  came in 2% lower at 465 cps (2024: 473 cps).
        Tot Curr Ass  66 852  56 090  57 294  58 047  86 277  Company outlook
        SH Funds     100 011 100 961  88 530  84 577  82 147  While geopolitical risks and increases to tariffs may create
        Minority Int  9 421  9 194  8 375  14 381  14 387  near-term  volatility,  our  diversified  product  portfolio,
        LT Liab     1 011 268 960 029  840 942  850 790  901 200
        Tot Curr Liab  45 423  34 687  33 038  30 612  53 393  strong capital position and disciplined risk management
        PER SHARE STATISTICS (cents per share)      give  us  confidence  in  delivering  sustainable  growth. We
        Core EPS(ZARc)  489.80 1 067.60  702.60  598.20  459.40  expect  continued  demand  for  our  solutions  driven  by
        HEPS-C (ZARc)  464.80  950.00  533.10  422.30  438.40  demographic  trends  and  evolving  consumer  needs.  Our
        Pct chng p.a.  - 2.1  78.2  26.2  - 3.7  27.3  ongoing  investments  in  technology  and  distribution
        Tr 5yr av grwth %  -  24.6  5.2  - 1.7  - 1.2  channels  will  support  growth  across  South  Africa,
        DPS (ZARc)      -  445.00  400.00  360.00  334.00  Pan-Africa and Asia.
        Pct chng p.a.  - 100.0  11.3  11.1  7.8  11.3  As we enter the second half of 2025, we are confident in
        Tr 5yr av grwth %  -  6.3  5.4  4.7   4.8
        NAV PS (ZARc)  4 723.96 4 768.83  3 999.55  3 797.97  3 688.85  our  strategic  direction  and  operational  execution.  Our
        3 Yr Beta      0.73  1.04  0.76  1.12  1.06  commitment to delivering long-term value to shareholders
        Price High    9 108  9 161  7 431  7 320  6 546  through  disciplined  growth,  innovation  and  customer
        Price Low     6 661  6 150  4 843  4 686  5 229  focus remains steadfast. Our businesses and partnerships
        Price Prd End  8 867  8 688  7 280  4 872  5 936  provide  a  unique  ecosystem  of  leading,  holistic,  client-
        RATIOS                                      centred  solutions  and  service  options  to  advance  our
        Ret on SH Fnd  10.63  22.55  17.54  14.00  11.76  purpose  of  empowering  generations  to  be  financially
        Ret On Tot Ass*  1.35  2.62  2.11  1.56  1.49
        Oper Pft Mgn  10.69  10.73  9.13  12.56  8.06  confident, secure, and prosperous.
        D:E            1.59  1.52  1.58  2.02  2.09  In South Africa, the integration of Assupol has progressed
        Int Cover     13.70  20.22  17.03  16.78  20.07  well, with the retail mass segment now operating as one
        Current Ratio  1.47  1.62  1.73  1.90  1.62  business, with one strategy, and with employee and agent
        Div Cover       -   2.40  1.76  1.66  1.38  harmonisation.
        *Please note that these line items for December 2024, 2023 and  2022 results
        relate to continuing operations
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