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Discovery Limited (JSE: DSY), headquartered at 1 Discovery Place, Sandton, Johannesburg, South Africa, is a leading pan-African financial services group operating across insurance, health, banking, wellness, investments, and behavioral insurance through brands like Discovery Health, Discovery Insure, Discovery Bank, Vitality (UK/US), and Ping An Health in China.
In H1 FY2025, Discovery delivered normalized operating profit up ~28% YoY, headline earnings growth of ~34%, and a margin improvement to 35%—well above previous years. Group alive under administration grew to over 4.7 million customers. Discovery Insure saw ~100% increase in profit to R372 million, while Vitality UK and Vitality Global also delivered strong margin and subscriber growth.
The group reaffirmed full-year profit growth guidance of 27–32% and remains focused on scaling its shared-value model globally, expanding banking operations, and leveraging technology and data to drive engagement and retention.
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