{"id":838491,"date":"2025-09-29T12:02:44","date_gmt":"2025-09-29T10:02:44","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=838491"},"modified":"2025-09-29T12:02:49","modified_gmt":"2025-09-29T10:02:49","slug":"south-african-billionaires-company-shines","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/business\/838491\/south-african-billionaires-company-shines\/","title":{"rendered":"South African billionaire&#8217;s company shines"},"content":{"rendered":"\n<p>PSG Financial Services, whose history is tied to South African billionaire Jannie Mouton, is expecting a massive rise in earnings.&nbsp;<\/p>\n\n\n\n<p>Mouton created the PSG Group in 1995 with Chris Otto, with the aim of building a financial services conglomerate.\u00a0<\/p>\n\n\n\n<p>The group was then credited with helping to launch several large businesses in South Africa, including <a href=\"https:\/\/businesstech.co.za\/news\/banking\/805298\/capitecs-billionaires\/\">Capitec<\/a>, <a href=\"https:\/\/businesstech.co.za\/news\/wealth\/836083\/south-african-billionaire-buying-south-african-private-school-giant-for-r7-2-billion\/\">Curro<\/a> and PSG Financial Services.\u00a0<\/p>\n\n\n\n<p>PSG Financial Services, formerly PSG Konsult, was founded in 1998 by Willem Theron and Wallie Krumm, with the PSG Group under Mouton\u2019s leadership acquiring a 50% stake in the business.&nbsp;<\/p>\n\n\n\n<p>In 2005, PSG Financial Services shares were made available to the public on an over-the-counter trading platform.&nbsp;<\/p>\n\n\n\n<p>When the PSG Group delisted from the JSE in 2022, it unbundled a 60% stake in PSG Financial Services onto the bourse.&nbsp;<\/p>\n\n\n\n<p>Nevertheless, the Moutons are still highly involved in the business, with the JF Mouton Familietrust holding a 13.1% stake in the business.\u00a0<\/p>\n\n\n\n<p>Mouton\u2019s son, Piet, also serves on the PSG Financial Services board.\u00a0<\/p>\n\n\n\n<p>Today, PSG Financial Services is expecting a massive rise in earnings for the six months ending 31 August 2025.\u00a0<\/p>\n\n\n\n<p>In a trading statement, PSG Financial Services said that its headline and recurring headline earnings per share are set to rise from 19% to 22% to between 57.4 and 58.8 cents per share.\u00a0<\/p>\n\n\n\n<p>Attributable earnings per share are set to rise between 27% and 30% to between 61.5 and 63.0 cents per share.&nbsp;<\/p>\n\n\n\n<p>Further details will be contained in the group\u2019s interim results, which are expected to come on out on Thursday, 16 October.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><div class=\"table-responsive\"><table class=\"table\" class=\"has-fixed-layout\"><thead><tr><th>Financials<\/th><th class=\"has-text-align-center\" data-align=\"center\">Expected Range 31 Aug 2025 (cents)<\/th><th class=\"has-text-align-center\" data-align=\"center\">Reported 31 Aug 2024 (cents)<\/th><th class=\"has-text-align-center\" data-align=\"center\">Change %<\/th><\/tr><\/thead><tbody><tr><td>Headline and recurring headline earnings per share<\/td><td class=\"has-text-align-center\" data-align=\"center\">57.4 to 58.8<\/td><td class=\"has-text-align-center\" data-align=\"center\">48.2<\/td><td class=\"has-text-align-center\" data-align=\"center\">19% to 22%<\/td><\/tr><tr><td>Recurring headline earnings per share (excluding amortisation)<\/td><td class=\"has-text-align-center\" data-align=\"center\">60.4 to 61.9<\/td><td class=\"has-text-align-center\" data-align=\"center\">51.2<\/td><td class=\"has-text-align-center\" data-align=\"center\">18% to 21%<\/td><\/tr><tr><td>Attributable earnings per share<\/td><td class=\"has-text-align-center\" data-align=\"center\">61.5 to 63.0<\/td><td class=\"has-text-align-center\" data-align=\"center\">48.3<\/td><td class=\"has-text-align-center\" data-align=\"center\">27% to 30%<\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n","protected":false},"excerpt":{"rendered":"<p>PSG Financial Services is expecting a significant rise in earnings in its upcoming financial results. <\/p>\n","protected":false},"author":95,"featured_media":818331,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872],"tags":[1798,8043,23466,13043],"class_list":["post-838491","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-capitec","tag-curro","tag-psg-financial-services","tag-psg-group"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/838491","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/95"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=838491"}],"version-history":[{"count":7,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/838491\/revisions"}],"predecessor-version":[{"id":838517,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/838491\/revisions\/838517"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/818331"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=838491"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=838491"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=838491"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}