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SOUTHERN SUN LIMITED - Publication of the Financial Results for the year ended 31 March 2025 and Further Trading Statement

Release Date: 15/05/2025 15:45
Code(s): SSU     PDF:  
Wrap Text
Publication of the Financial Results for the year ended 31 March 2025 and Further Trading Statement

Southern Sun Limited
Incorporated in the Republic of South Africa
Registration number 2002/006356/06
Share Code: SSU ISIN: ZAE000272522
("Southern Sun" or "the Company" or "the Group")


PUBLICATION OF THE FINANCIAL RESULTS FOR THE YEAR ENDED 31 MARCH 2025 AND FURTHER TRADING STATEMENT

Shareholders are advised that Southern Sun is scheduled to release its financial results for the year
ended 31 March 2025 on 21 May 2025. A presentation will be held on the same day at 10:00 via
Microsoft Teams, and those wishing to join can find the link to the presentation on the Company's
website at www.southernsun.com/investors.

The year under review has seen strong financial performance driven by robust trading in the Western
Cape and notable growth in Gauteng. Domestic and international corporate transient travel has
increased over the year with demand for conferencing and events bolstering hotels located in prime
business hubs near the Cape Town International and Sandton Convention Centres.

Subsequent to the release of the preliminary trading statement by the Company on SENS on 24 March
2025, we now have greater certainty regarding our financial results for the year ended 31 March 2025
and we are able to provide the following expected performance ranges compared to the financial
results for the year ended 31 March 2024:

                      Range for the year    Total operations for the      Change on 31 March 2024
                     ended 31 March 2025         year ended 31 March
                                                                2024
 
 EPS (cents)                 75.3 – 77.7                        61.7       Increase of 22% to 26%

 HEPS (cents)                73.6 – 75.9                        56.2       Increase of 31% to 35%

 AHEPS (cents)               74.4 – 76.7                        56.4       Increase of 32% to 36%


The financial information in this trading statement has not been reviewed and reported on by the
Group's external auditors.

15 May 2025
Sponsor
Investec Bank Limited

Date: 15-05-2025 03:45:00
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