Sun International (SUI) H2 2025 TU earnings summary

Executive summary

• Businesses delivered a resilient performance for the year ended 31 December 2025.

• Financial results for FY2025 are expected to differ by more than 20% compared to FY2024.

Financial highlights

• Headline earnings per share expected to increase by 35.3% to 39.9% year-over-year, reaching 675–698 cents.

• Adjusted headline earnings per share expected to rise 4.3% to 7.7% to 554–572 cents.

• Basic earnings per share expected to decrease by 14.3% to 11.8%, to 655–674 cents.

Key financial ratios and metrics

• Debt (excluding IFRS 16 lease liabilities) reduced from R5.2 billion to R5.0 billion year-over-year.

• Debt to adjusted EBITDA ratio remains at 1.5x; interest cover improved to 7.9x from 6.5x.