Sun International rises again
Sun International is continuing on a growth path, and investors who backed the management action plan during Covid are beaming
The 2022 September edition of IM argued that the management action taken before and during the height of the pandemic would bring a positive uplift in valuation metrics for Sun International.
This did start happening with last year’s interim results, which set a fast pace in the group’s recovery, with headline earnings per share (HEPS) rocketing from a loss of 3c a share to a positive 177c a share (admittedly, off the low base set during Covid)...
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