PSG Financial Services, whose history is tied to the Jannie Mouton-founded PSG Group, is expecting a large rise in earnings for the 2026 financial year.<\/p>\n\n\n\n
Willem Theron and Wallie Krumm founded PSG Financial Services, formerly PSG Konsult, in 1998, which has roots in the PSG Group founded by Mouton three years prior. <\/p>\n\n\n\n
Mouton is one of South Africa’s richest people, with a net worth of around $2.2 billion, according to Forbes. <\/p>\n\n\n\n
The PSG Group has backed several major businesses in South Africa, including JSE-listed Capitec, Curro and KAP. <\/p>\n\n\n\n
In 2022, the PSG Group restructured its holdings in several companies, which include unbundling its shares in PSG Financial Services, Curro, KAL Group and Stadio. <\/p>\n\n\n\n
While PSG Financial Services was unbundled, the Mouton family still held a 13% stake in the company via their trust by the end of the 2025 financial year.<\/p>\n\n\n\n
This stake was reduced over the last couple of months as the family decided to acquire and delist Curro in a deal worth around R7.2 billion, with PSG Financial Services shares included.<\/p>\n\n\n\n
The family remains shareholders in the group, with Jannie’s son, Piet, serving on its board as an independent non-executive director. <\/p>\n\n\n\n
Although PSG Financial Services has a market cap of around R32 billion, Mouton’s interest in Capitec, given its size, and Curro, given the recent deal, means that PSG Financial Services often escapes the limelight. <\/p>\n\n\n\n
This comes despite the JSE-listed financial services company often seeing strong growth across its businesses, which is the case for the 2026 financial year. <\/p>\n\n\n\n
In a trading statement for the year ended 28 February 2026, the group said it expects its attributable earnings per share to increase by between 36% and 39%, to a range of 137.8 to 140.9 cents. <\/p>\n\n\n\n
The group’s headline earnings per share are also expected to increase by between 32% to 35% to a range of 133.5 to 136.5 cents per share.<\/p>\n\n\n\n
The group will release its financial results for the 2026 financial year on 16 April 2026. <\/p>\n\n\n\n PSG Financial Services is expecting a large rise in earnings for the 2026 financial year, which is a boost for the Mouton family. <\/p>\n","protected":false},"author":95,"featured_media":818732,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872],"tags":[],"class_list":["post-854607","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/854607","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=854607"}],"version-history":[{"count":3,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/854607\/revisions"}],"predecessor-version":[{"id":854638,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/854607\/revisions\/854638"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/818732"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=854607"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=854607"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=854607"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Earnings Metric<\/strong> (cents)<\/strong><\/td> Base: Reported 28 Feb 2025<\/strong><\/td> Expected Range: 28 Feb 2026<\/strong><\/td> Expected Growth %<\/strong><\/td><\/tr><\/thead> Headline & Recurring Headline<\/strong><\/td> 101.1<\/td> 133.5 to 136.5<\/strong><\/td> 32% to 35%<\/td><\/tr> Recurring Headline (Excl. Amortisation)<\/strong><\/td> 107.1<\/td> 139.7 to 142.9<\/strong><\/td> 30% to 33%<\/td><\/tr> Recurring Headline (Excl. Perf. Fees)<\/strong><\/td> 97.3<\/td> 121.0 to 124.0<\/strong><\/td> 24% to 27%<\/td><\/tr> Attributable Earnings<\/strong><\/td> 101.2<\/td> 137.8 to 140.9<\/strong><\/td> 36% to 39%<\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n
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