Sun International reported HEPS up 61% to 305c, while adj. HEPS advanced 6.5% to 229c for HY25, with both exactly in line with guidance. Revenue rose 3% to R6.2bn, with growth in Sunbet & resorts offset by softer urban casinos. Results supported by 71% income growth in Sunbet, improved conferencing in hotels, & lower net interest costs, while urban casinos saw muted demand & restructuring costs. HY dividend up 6.8% to 172c. Outlook: Further debt reductions & stronger cash flows expected, supported by sustained Sunbet growth & stable trading across hospitality assets.
Click here to read the SENS