UK business boosts Investec profits by 20%

Rand depreciation negatively impacts profits by 16.3%

Natalie Kenway
clock • 2 min read

Higher profits in Investec's UK business led the firm to report an increase in the overall group's operating profits of 0.6% for the year ended 31 March 2016, despite the depreciation of the rand negatively impacting South African operating profits by 16.3%.

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