# Financial services group Momentum has achieved its seven-billion-rand headline earnings target a year ahead of schedule. The group reported earnings of 7.06-billion-rand for the year to June, up 13-percent from the previous financial year. CEO Jeanette Marais says every business unit delivered a profit for the first time, with five divisions each contributing more than one-billion-rand. She adds improved operational performance, rather than market effects, drove the results. The group increased its full-year dividend by 31-percent to 230-cents per share.
Momentum reaches R7-billion profit one year ahead of its target