Remgro Share Price (JSE REM) Rallies on Strong Earnings Outlook, Targets 2015 Highs

Johann Rupert’s investment holding giant Remgro is poised for one of its strongest earnings jumps in years, driven by improved performance..

Johann Rupert’s Remgro Poised for Strongest Profit Growth in a Decade

Quick overview

  • Remgro is anticipating a significant earnings increase of 33% to 43% for the year ended June, driven by improved performance and reduced financing costs.
  • The company's share price has risen 5.6% recently, reflecting investor optimism and a strong year-to-date performance of 15.3%.
  • Remgro's diversified portfolio includes major stakes in various industries, contributing to its robust earnings outlook.
  • The expected growth in headline earnings per share is supported by better operational results and the absence of previous negative impacts.

Johann Rupert’s investment holding giant Remgro is poised for one of its strongest earnings jumps in years, driven by improved performance across its portfolio and reduced financing costs.

Remgro Expects Earnings Surge

Johann Rupert’s South African-focused investment firm, Remgro, has guided for a significant rise in earnings as it prepares to publish its official interim results on the JSE’s SENS platform around September 23, 2025. The company expects headline earnings per share (HEPS) for the year ended June to increase between 33% and 43%, landing in a range of R13.54 to R14.56.

REMJ Chart Weekly – Rebounding Strongly Off the 20 SMA

This comes as a combination of stronger operating results from most of its investee companies, reduced financing costs, and the fading of negative one-off impacts from the prior year supported the group’s performance.

Share Price Momentum and Market Reaction

Investor optimism has already shown up in the share price. Remgro’s stock (JSE: REM) climbed from R167 at the start of last week to close at R176.40, a 5.6% gain. The momentum builds on an already strong year: in 2025 so far, Remgro shares are up 15.3% after recovering from late-2024 declines.

REMJ Chart Weekly – Heading to 2015 Highs

Technically, the stock has bounced firmly off its 20-week SMA (gray), and analysts note the price is now approaching levels last seen in 2015 near R200. Such resilience highlights investors’ belief in Remgro’s diversified portfolio and earnings outlook.

Rupert Legacy and Portfolio Strength

Founded out of Anton Rupert’s Rembrandt tobacco empire, Remgro today holds sizable stakes across multiple industries central to the South African economy. Its portfolio includes shares in Mediclinic, OUTsurance, Seacom, Heineken Beverages, and even the Blue Bulls rugby franchise.

Johann Rupert, South Africa’s wealthiest man and Remgro’s chairman, remains the dominant shareholder, controlling nearly half the company, including all of its B shares. His influence continues to shape the direction of the holding company, particularly in steering its investment mix toward long-term stability.

What’s Driving the Growth

According to the latest trading update, the group’s expected surge in HEPS is fueled by:

  • Improved operational results across most investee businesses.
  • Lower financing costs, helping to relieve earnings pressure.
  • The absence of prior negative effects, which had weighed on last year’s comparisons.

This combination of tailwinds has put Remgro back on a stronger footing, reinforcing the case for continued share price upside if the operating environment remains supportive.

ABOUT THE AUTHOR See More
Skerdian Meta
Lead Analyst
Skerdian Meta Lead Analyst. Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.

Related Articles

HFM

HFM rest

Pu Prime

XM

Best Forex Brokers