Absa Group Ltd operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Absa Group Ltd with three other
companies in this sector in SOUTH AFRICA :
sales of 170.63 billion South African Rands [US$11.18 billion]
of which 31%
Nedbank Group Limited
(109.62 billion South African Rands [US$7.18 billion]
of which 26%
was Retail), and
Absa Bank Limited
(103.84 billion South African Rands [US$6.80 billion]
of which 41%
Absa Group Ltd reported sales of 141.02 billion South African Rands (US$9.24 billion)
December of 2019.
increase of 8.7%
versus 2018, when the company's sales were 129.77 billion South African Rands.
Sales at Absa Group Ltd have increased during each of the previous five years
(and since 2014, sales have increased a total of 43%).
Sales of Absa Regional Operations saw an increase
14.0% in 2019, from
16.32 billion South African Rands to 18.61 billion South African Rands.
Not all segments of Absa Group Ltd experienced an increase in sales in 2019:
sales of Barclays Separation fell 81.4% to 159.00 million South African Rands.
(However, this segment's sales were only a very small portion of the company's overall sales).
Absa Group Ltd also experienced decreases in sales in
Corporate and Investment Banking South A (down 4.8% to 11.04 billion South African Rands)