IMH | I&M Holdings Q3'24 Earnings Note

    I&M Group posted an impressive 21.3% y/y growth in net earnings, reaching KES 9.95Bn for the first nine months of 2024.

    The Board of Directors recommend an interim dividend of KES 1.30 per share. The dividend is payable on 14th January 2025 to shareholders on register as of 16th December 2024.

    Recommendation - We maintain our BUY recommendation on I&M Group underpinned by the strengthening return on equity and the continued execution of strategic initiatives.

     

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