Southern Sun LimitedJSE: SSU

SSU: Income up 5% to R3.1bn, Ebitdar margin at 26%, offshore revenue down 29% on closures

· Issued by Southern Sun Limited

Income grew 5% to R3.1bn, led by strong domestic trading, while offshore revenue fell 29% due to Paradise Sun's closure and Maputo unrest. Ebitdar margin declined to 26% amid cost pressures, but adjusted headline earnings remained stable. Major refurbishments and a new 50-year lease signal ongoing expansion.

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