SUN INTERNATIONAL LIMITED - Trading Statement

Trading Statement

SUN INTERNATIONAL LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1967/007528/06)
Share code: SUI
ISIN: ZAE000097580
LEI: 378900835F180983C60
("Sun International" or “the Company”)


TRADING STATEMENT



The Sun International group (“the Group”) is currently finalising its financial results for the
half-year period ended 30 June 2021, which are expected to be released on the Stock
Exchange News Service of the JSE Limited (“SENS”) on or about Monday, 30 August 2021.

Shareholders are advised that a reasonable degree of certainty exists that the Company’s:

-      adjusted EBITDA* for the financial half-year ended 30 June 2021 is expected to be
       between R720 million and R740 million, which equates to an improvement of more
       than 100% compared against the prior corresponding period’s R79 million;

-      basic earnings per share for the financial half-year ended 30 June 2021 is expected to
       be a loss of between 60 cents per share and 1 cent per share, which equates to an
       improvement of more than 90% when compared against the prior corresponding
       period’s loss of 894 cents per share;

-      headline earnings per share for the financial half-year ended 30 June 2021 is
       expected to be a loss of between 40 cents per share and 25 cents per share, which
       equates to an improvement of more than 80% when compared against the prior
       corresponding period’s headline earnings loss of 231 cents per share; and

-      adjusted headline earnings per share for the half-year ended 30 June 2021 is
       expected to be a loss of between 15 cents per share and 1 cent per share, which
       equates to an improvement of more than 90% when compared against the prior
       corresponding period’s loss of 702 cents per share.

* Adjusted EBITDA refers to operating profit of the Group adjusted for profit/loss on disposal of non-current assets,
impairment of non-current assets, income associated with insurance claims, foreign exchange cover profits/losses,
restructuring costs and other unusual and infrequent expenses as a results of atypical events to determine adjusted EBITDA.


This trading statement has not been reviewed or reported on by Sun International’s
external auditor.

By order of the Board.

Johannesburg
24 August 2021

Sponsor to Sun International
INVESTEC BANK LIMITED

Date: 24-08-2021 05:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.