Sun International half-year diluted adjusted HEPS to be 35%-45% lower
Hotel and gaming group Sun International expects diluted adjusted headline earnings per share (diluted AHEPS) for the six months to end-December 2016 to be between 35% and 45% lower than the previous comparable period. Diluted AHEPS are expected to be between 189c and 223c compared with 344c before. HEPS are likely to be between 260c and 305c or 155% to 165% higher, when compared to the corresponding period’s reported loss of 473c per share. The group said that the Dreams and GPI Slots operations were now consolidated and contributed to a 30% increase in revenue and 24% increase in earnings before interest, tax, depreciation and amortisation (ebitda) over the year-earlier period.
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