Sun International leaves the Covid blues behind
With a leaner debt profile and improvement in all business areas, the group is now well on the road to recovery from the pandemic
29 September 2022 - 08:00
The pandemic presented a torrid challenge to leisure-focused companies, forcing them to test operating models and, in some cases, revamp business and financial structures.
Savings made to cost structures are now seemingly beginning to yield results. This is particularly evident in Sun International’s interim results, released towards the end of August. The group reported adjusted headline earnings per share of 177c, up from a loss of 3c a share for the comparable 2021 period. More importantly, this is above the 136c a share the group reported in the comparable pre-pandemic 2019 results...
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