SUI - Sun International Limited - Trading Statemen
SUI
SUI
SUI - Sun International Limited - Trading Statement
Sun International Limited
Incorporated in the Republic of South Africa
(Registration number: 1967/007528/06)
Share code: SUI
ISIN: ZAE00007060678
Trading Statement
Sun International published a business update on 2 May 2007 providing details
of the trading for the quarter ended 31 March 2007. Trading for the final
quarter remained positive with revenues 15% above last year. As a consequence
of the strong trading and continued improved margins adjusted headline
earnings per share for the year ending 30 June 2007 is expected to be between
30% and 35% above the previous year, despite the significant foreign exchange
profit in the prior year. Earnings per share for the same period is expected
to be between 5% and 10% below the previous year mainly due to the profit of
R393 million on the sale of City Lodge included in the previous year.
This financial information has been prepared using accounting policies
consistent with those disclosed in the Profit and Dividend announcement for
the six months ended 31 December 2006 and has not been reviewed or reported on
by the group`s auditors. It is anticipated that the reviewed profit and
dividend announcement for the year ended 30 June 2007 will be published on or
about 29 August 2007.
Sandton
18 July 2007
Sponsor: Investec Bank Limited
Date: 18/07/2007 15:30:01 Produced by the JSE SENS Department.
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