AlexForbes marked its 90th anniversary with a robust financial performance for the year ended 31 March 2025, reporting double-digit growth in key metrics. The financial services group announced a 13% increase in operating income to R4.397 billion and a 14% rise in profit from operations to R911 million, underscoring its resilience in a competitive market.
Strong Financial Performance and Shareholder Returns
The company’s board declared a total dividend of 55 cents per share, up 10% year-on-year, along with a special dividend of 10 cents per share, rewarding shareholders amid sustained growth.
CEO Dawie de Villiers attributed the success to the company’s transformative strategies, including expanded financial advice offerings and digital enhancements. AlexForbes now provides financial guidance to over 1 million members, with significant growth in assets under management.
Key Growth Drivers
De Villiers highlighted several factors behind the strong results:
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34% surge in new retail business flows, driven by the launch of its discretionary fund management solutions, opening access to previously untapped markets.
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Institutional client growth, with more corporate funds joining AlexForbes due to its retirement advice and digital engagement tools.
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Platform administration services, which grew by 26%, strengthening its institutional market position.
Future Strategy: Acquisitions and Innovation
While organic growth remains a priority, De Villiers confirmed that acquisitions could play a role in further expansion, citing industry consolidation opportunities. The company also continues investing in technology, operational efficiency, and client-focused innovations to sustain momentum.
Balancing Shareholder Returns and Growth
Despite the dividend increases, AlexForbes remains committed to reinvesting in the business, allocating funds toward digital transformation and scalable solutions to meet evolving client needs.
“We’ve built a strong foundation for growth, and our differentiated advice and platform offerings position us well for the future,” said De Villiers.
As AlexForbes celebrates nine decades in the financial sector, its latest results reinforce its reputation as a leader in retirement and investment solutions in South Africa.