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Record online gaming growth drives strong results for Sun International.

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GUEST – Anthony Leeming – Sun International CEO
Sun International has again delivered a strong set of results, reflecting the quality of its operating businesses, the resilience of its omnichannel portfolio and disciplined execution on strategy which continues to deliver shareholder value.
Showcasing its resilience, the group's continuing income for the year increased by 5.1% to R12.6 billion, while continuing adjusted EBITDA rose by 3.0% to R3.5 billion. The group’s adjusted headline earnings grew by 13.0% to R1.3 billion, with adjusted headline earnings up 13.5% to 531 cents per share.
The group continued to successfully allocate capital through share buy-backs, dividends and disciplined capex investment in its portfolio. The group has consistently demonstrated its ability to generate significant cash flow through its diverse portfolio and is in a strong financial position with debt (excluding IFRS 16 lease liabilities) decreasing from R5.7 billion in FY2023 to R5.2 billion as at 31 December 2024, and debt to adjusted EBITDA further reduced to 1.5 times.
17 Mar 2025 2PM English South Africa Business News · Investing

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