Sun International expects diluted HEPS 5%-10% lower

Posted On Thursday, 14 August 2014 15:10 Published by
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Sun International says it expects diluted headline earnings per share for the year ended June 2014 to be 5%-10% lower

Graeme Stephens

Resort‚ hotel and casino operating group Sun International (SIU) on Thursday said it expects diluted headline earnings per share (HEPS) for the year ended June 2014 to be 5%-10% lower.

Basic and headline earnings per share for the year were expected to be between 23% and 28% lower than the 764c in the year-earlier period.

Sun International said certain one-off charges relating to the section 189A staff restructure‚ pre-opening costs and an impairment charge relating to the Maslow Hotel had affected earnings.

The company is expected to release its results on August 25.

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