MTN recently released their annual financial results for the year ended 31 December 2019. The group reported an increase of 9,7% in revenue to R151 billion. Reported headline earnings per share rose to 468 cents from 337 cents in December 2018, and EBITDA margins increased from 35.9% (FY2018) to 42.3% (FY2019). The board has declared a final gross dividend of 355 cents per share, bringing the total dividend for the year to 550 cents per share, up 10% from the prior year.
Digital revenue declined by 39,6% during the year. Fintech revenue increased by 27.0%, enabled by the growth of 7.5 million active Mobile Money users to a total of 35 million.
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