Jannie Mouton’s PSG Group posts $73 million profit

Key Points

• PSG Group’s profit rose 23.47% to $73.2 million in 2025, driven by increased insurance revenue and client investments.
• Total income grew 13.24%, reaching $354.97 million attributed to improved customer activity and market-linked revenue streams. 
• As part of its strategy to optimize value, PSG repurchased and cancelled 19.1 million shares at a cost of $17.54 million during the year. 

PSG Group, the investment holding company founded by South African billionaire Jannie Mouton, reported strong financial results for 2025, with profits surpassing $70 million. The company’s performance highlights its ability to navigate economic challenges, driven by growth in its assets, increased client investments, and a solid insurance division.

Insurance revenue fuels profit growth

For the year ending February 28, 2025, PSG’s net profit rose 23.47 percent to R1.38 billion ($73.21 million), up from R1.12 billion ($59.29 million) in the previous year.

Total income also increased by 13.24 percent, from R5.91 billion ($313.44 million) to R6.69 billion ($354.97 million), supported by higher customer activity and market-linked revenue streams. A standout contributor to this growth was a 15.48-percent rise in insurance revenue, which reached R2.61 billion ($138.83 million).

“Our financial results clearly reflect the strength of our advice-driven business model,” said Francois Gouws, Chairman and CEO of PSG. He pointed to the 24.7 percent increase in recurring headline earnings per share and a 26.6 percent return on equity as key indicators of the company’s resilience in a tough market environment.

Focusing on shareholder value

PSG declared a final dividend of R0.28 ($0.0149) per share, amounting to R353.02 million ($18.74 million)—a 22.8 percent increase from the previous year’s payout. This move underscores the company’s strong cash position and its ongoing commitment to enhancing shareholder value despite challenging conditions.

In addition to the dividend increase, PSG saw modest asset growth, with total assets rising by 0.19 percent to R114.32 billion ($6.07 billion) as of February 28, 2025. Assets under management (AUM) also grew by 15.7 percent, reaching R470.7 billion ($25 billion).

As part of its strategy to optimize value, PSG repurchased and cancelled 19.1 million shares at a cost of R330.3 million ($17.54 million) during the year. Looking ahead, the company remains optimistic about future growth, with plans to invest in technology and expand its client offerings, positioning itself for continued success in an increasingly competitive market.