Southern Sun Limited · JSE:SSU

Southern Sun — Tsogo Sun Holdings — Macquarie's six of the best conference 2015

15 slides from Southern Sun's conference presentation, Jul 24, 2015

  1. Slide 1: Macquarie's six of the best conference

    Presentation to: Macquarie’s six of the best conference 24 July 2015

  2. Slide 2: Disclaimer

    Disclaimer Certain statements in this document may constitute ’forward looking statements’. Such forward looking statements reflect the company’s beliefs and expectations and involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance o

  3. Slide 3: Group Structure

    Group Structure Public 47.6% 52.4% 100% 100% Under consideration 3

  4. Slide 4: Gaming Portfolio

    Gaming Portfolio 100% 100% 100% 100% 65% 100% 100% 100% 100% 100% 25% 100% 98% 70% 4

  5. Slide 5: Hotel Portfolio

    Y TSOGO SUN HOTELS Hotel Portfolio MWALA Each hotel offers guests world-class style, unparalleled service and accommodation and signature touches that define luxury travel. BEVERLY HILLS Luxury © Southern Sun P With products and services that meet the needs of tomorrow's savvy global travellers, whe

  6. Slide 6: Strategic Priorities

    Strategic Priorities YTSOGO SUN

  7. Slide 7: Strategic Priorities

    Strategic Priorities Sustainability Growth Beneficiaries Organic Financial Stability Non Organic Product Relevance Regulatory Compliance Strategic priorities don’t change from year to year Human Resources 7

  8. Slide 8: Strategic Priorities

    Strategic Priorities  Sustainability ● Beneficiaries  Current shareholding and Corporate Social Investment and Enterprise Development programmes are effective ● Financial stability  Strong cash flow, judicious use of gearing and adequate facilities  Own most of our assets ● Product relevance  A

  9. Slide 9: Strategic Priorities

    Strategic Priorities  Sustainability ● Regulatory compliance ● Human resources  Day to day compliance excellent  Adequate resources and skills  High awareness of potential regulatory risks  Engaged workforce 9

  10. Slide 10: Key Financial Highlights

    Key Financial Highlights (Rbn) Since listing F'11* F'12 F'13 F'14 F'15 Revenue 8.6 9.0 9.9 10.8 11.3 Ebitdar 3.3 3.5 3.9 4.2 4.2 AHEPS (c) 101 122 150 177 175 DPS (c) 50 60 75 89 89 Maintenance Capex 0.4 0.6 0.8 0.7 Investment Capex 1.0 0.6 1.8 5.5 Net Debt 4.2 3.6 4.4 9.2 Debt to Ebitdar (X) 1.2 0.

  11. Slide 11: Strategic Priorities

    Strategic Priorities  Growth ● Organic  Significant focus on getting more out of our existing businesses  Continued cost focus  Systems and values ● Inorganic  New projects 11

  12. Slide 12: Capital Allocation

    Capital Allocation  M&A and Re-investment ● Casino expansion (R1.8bn) ● Cash to shareholders  Hemingways, Emnotweni, ● Dividends declared (R3.4bn)  Silverstar, Gold Reef, Montecasino ● Share buyback (R2.8bn) ● Gaming minority buyout (R1.1bn)  133m shares @ R20.96  Suncoast and others Shareholde

  13. Slide 13: Future Growth Drivers

    Future Growth Drivers  Well positioned for economic recovery ● Growth in Casino win and RevPar as economy improves  Casino expansion should drive additional growth ● Silverstar Completed ● Gold Reef City in progress ● Suncoast expected to begin 2016  New casino opportunities ● Mpumalanga / Cape T

  14. Slide 14: Thank you

    Thank you © TSOGO SUN

  15. Slide 15: (Y TSOGO SUN

    (Y TSOGO SUN

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