Investment windfall drives Enterprise Group profit despite insurance headwinds

Enterprise Group PLC has reported a solid financial performance for the year ended December 31, 2025, characterised by a powerful surge in investment income that helped offset pressures in its core insurance operations. 

The diversified financial services group, with interests spanning life and non-life insurance, pensions, and real estate, saw its consolidated profit after tax reach GH¢337.8 million, a slight decrease from the GH¢366.5 million recorded in 2024.

A deep dive into the unaudited financial statements reveals a significant strategic shift underpinning the results. Consolidated investment income more than doubled, skyrocketing to GH¢533.0 million from GH¢297.4 million the previous year. 

This massive GH¢235.6 million increase was the primary engine of the group's top-line growth in its investment activities. 

Conversely, the group's insurance service result experienced a notable contraction, falling to GH¢43.1 million from GH¢195.1 million in 2024. 

This decline was largely driven by a substantial net insurance finance expense of GH¢451.5 million, a stark reversal from the GH¢89.9 million expense recorded in the prior year.

The group's financial strength is markedly evident in its balance sheet. Total assets grew robustly by over GH¢886 million to reach GH¢4.82 billion. 

A key highlight is the increase in cash and bank balances, which surged by 55.6 PER CENT to GH¢637.6 million at the group level. This liquidity boost is further corroborated by the cash flow statement, which shows a powerful net cash generated from operating activities of GH¢964.5 million, up from GH¢753.3 million in 2024.

The statements, signed by Group Chief Executive Officer Daniel Larbi-Tieku and Director Fiifi Kwakye, show that profit attributable to the parent company's owners was GH¢215.9 million, yielding an earnings per share of GH¢1.263. 

The group also strengthened its equity base, with total equity climbing to GH¢1.81 billion.