Upcoming Dividend • Jun 05
Upcoming dividend of R0.30 per share Eligible shareholders must have bought the stock before 10 June 2026. Payment date: 15 June 2026. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (4.6%). In line with average of industry peers (2.9%). Declared Dividend • May 22
Dividend of R0.30 announced Shareholders will receive a dividend of R0.30. Ex-date: 10th June 2026 Payment date: 15th June 2026 Dividend yield will be 59%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 41% per year over the past 2 years and payments have been stable during that time. EPS is expected to grow by 21% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • May 21
Full year 2026 earnings released: EPS: R0.92 (vs R0.76 in FY 2025) Full year 2026 results: EPS: R0.92 (up from R0.76 in FY 2025). Revenue: R7.19b (up 8.8% from FY 2025). Net income: R1.24b (up 21% from FY 2025). Profit margin: 17% (up from 16% in FY 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.1% p.a. on average during the next 2 years, compared to a 8.4% growth forecast for the Hospitality industry in Germany. お知らせ • May 21
Southern Sun Limited announces Annual dividend, payable on June 15, 2026 Southern Sun Limited announced Annual dividend of ZAR 0.3000 per share payable on June 15, 2026, ex-date on June 10, 2026 and record date on June 12, 2026. Board Change • May 20
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. 1 highly experienced director. Non-Executive Director Kevin Govender was the last director to join the board, commencing their role in 2026. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. お知らせ • May 07
Southern Sun Limited to Report Fiscal Year 2026 Results on May 20, 2026 Southern Sun Limited announced that they will report fiscal year 2026 results on May 20, 2026 お知らせ • Feb 04
Southern Sun Limited (JSE:SSU) entered into non-binding terms to acquire 50% stake in Sandton Consortium properties from Liberty Group Limited for approximately ZAR 740 million. Southern Sun Limited (JSE:SSU) entered into non-binding terms to acquire 50% stake in Sandton Consortium properties from Liberty Group Limited for approximately ZAR 740 million on February 3, 2026. A cash consideration of ZAR 735 million will be paid by Southern Sun Limited. As part of consideration, ZAR 735 million is paid towards assets of Sandton Consortium properties. Southern Sun will make the payment in cash from available debt facilities. In a related transaction, Pareto Ltd. entered into non-binding terms to acquire additional 25% stake in Sandton Consortium properties from Liberty Group Limited for ZAR 367 million. Southern Sun, Liberty and Pareto will enter into various transaction agreements to conclude the Proposed Transaction and to govern the respective interests of Southern Sun and Pareto in the Proposed Transaction.
The transaction is contingent upon the fulfillment of standard conditions precedent by September 30, 2026, unless an alternative date is mutually agreed upon by the involved parties. These conditions include the execution of definitive transaction agreements to formalize the Proposed Transaction, securing necessary consents or waivers from existing debt providers related to Liberty, Pareto, and/or Southern Sun, and obtaining requisite governance and regulatory approvals, notably from the Competition Tribunal. These steps are essential to ensure the successful completion of the transaction. The Proposed Transaction will be subject to representations and warranties which are standard for transactions of this nature. お知らせ • Sep 15
Southern Sun Limited to Report First Half, 2026 Results on Nov 19, 2025 Southern Sun Limited announced that they will report first half, 2026 results on Nov 19, 2025 お知らせ • Aug 01
Southern Sun Limited, Annual General Meeting, Sep 15, 2025 Southern Sun Limited, Annual General Meeting, Sep 15, 2025. お知らせ • May 22
Southern Sun Limited announces Annual dividend, payable on June 17, 2025 Southern Sun Limited announced Annual dividend of ZAR 0.2500 per share payable on June 17, 2025, ex-date on June 11, 2025 and record date on June 13, 2025. お知らせ • Mar 24
Southern Sun Limited to Report Q4, 2025 Results on May 21, 2025 Southern Sun Limited announced that they will report Q4, 2025 results on May 21, 2025 お知らせ • Oct 16
Public Investment Corporation Limited acquired an additional minority stake in Southern Sun Limited (JSE:SSU). Public Investment Corporation Limited acquired an additional minority stake in Southern Sun Limited (JSE:SSU) on October 16, 2024. Post Transaction the total interest in the ordinary shares of the Company held by PIC now amounts to 5.66% of the total issued ordinary shares of the company.
Public Investment Corporation Limited completed the acquisition of an additional minority stake in Southern Sun Limited (JSE:SSU) on October 16, 2024. お知らせ • Sep 18
Southern Sun Limited to Report First Half, 2025 Results on Nov 21, 2024 Southern Sun Limited announced that they will report first half, 2025 results on Nov 21, 2024 Reported Earnings • Aug 06
Full year 2024 earnings released: EPS: R0.62 (vs R0.50 in FY 2023) Full year 2024 results: EPS: R0.62 (up from R0.50 in FY 2023). Revenue: R6.05b (up 4.5% from FY 2023). Net income: R856.0m (up 15% from FY 2023). Profit margin: 14% (up from 13% in FY 2023). The increase in margin was driven by higher revenue. Buy Or Sell Opportunity • Aug 06
Now 25% undervalued Over the last 90 days, the stock has risen 9.6% to €0.25. The fair value is estimated to be €0.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 51% over the last 3 years. Meanwhile, the company has become profitable. お知らせ • Aug 01
Southern Sun Limited, Annual General Meeting, Sep 20, 2024 Southern Sun Limited, Annual General Meeting, Sep 20, 2024. Buy Or Sell Opportunity • Jun 13
Now 20% undervalued Over the last 90 days, the stock has risen 6.1% to €0.24. The fair value is estimated to be €0.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 51% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • May 23
Full year 2024 earnings released: EPS: R0.62 (vs R0.50 in FY 2023) Full year 2024 results: EPS: R0.62 (up from R0.50 in FY 2023). Revenue: R6.05b (up 21% from FY 2023). Net income: R856.0m (up 16% from FY 2023). Profit margin: 14% (in line with FY 2023). Buy Or Sell Opportunity • May 21
Now 22% undervalued Over the last 90 days, the stock has risen 9.7% to €0.25. The fair value is estimated to be €0.32, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 46% over the last 3 years. Meanwhile, the company has become profitable. お知らせ • May 18
Southern Sun Limited to Report Fiscal Year 2024 Results on May 22, 2024 Southern Sun Limited announced that they will report fiscal year 2024 results on May 22, 2024 New Risk • Mar 14
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (3.3% increase in shares outstanding). Buy Or Sell Opportunity • Feb 08
Now 20% undervalued Over the last 90 days, the stock has risen 6.5% to €0.23. The fair value is estimated to be €0.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 46% over the last 3 years. Meanwhile, the company has become profitable. お知らせ • Dec 22
The clients of Allan Gray acquired an unknown stake in Southern Sun Limited (JSE:SSU). The clients of Allan Gray acquired an unknown stake in Southern Sun Limited (JSE:SSU) on December 20, 2023. The acquisition such that the total interest in the ordinary shares of the Company held by Allan Gray's clients now amounts to 15.29% of the total issued ordinary shares of the Company. Investec Bank Limited acted as sponsor to Southern Sun Limited in this transaction.
he clients of Allan Gray completed the acquisition of an unknown stake in Southern Sun Limited (JSE:SSU) on December 20, 2023. Reported Earnings • Nov 24
First half 2024 earnings released: EPS: R0.18 (vs R0.22 in 1H 2023) First half 2024 results: EPS: R0.18 (down from R0.22 in 1H 2023). Revenue: R2.79b (up 34% from 1H 2023). Net income: R255.0m (down 22% from 1H 2023). Profit margin: 9.1% (down from 16% in 1H 2023). お知らせ • Nov 17
Southern Sun Limited Updates Earnings Guidance for the Six Months Ending 30 September 2023 Southern Sun Limited updated earnings guidance for the six months ending 30 September 2023. For the period, company expects EPS to be in range of 17.0 cents to 19.0 cents against previous guidance of 14.5 cents - 17.4 cents, HEPS to be in range of 17.0 cents - 19.0 cents against previous guidance of 14.5 cents - 17.4 cents. Board Change • Oct 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. 1 highly experienced director. Independent Non-Executive Director Connie September was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. お知らせ • Sep 20
Southern Sun Limited to Report First Half, 2023 Results on Nov 21, 2023 Southern Sun Limited announced that they will report first half, 2023 results on Nov 21, 2023 お知らせ • Jul 29
Southern Sun Limited, Annual General Meeting, Sep 20, 2023 Southern Sun Limited, Annual General Meeting, Sep 20, 2023, at 10:00 South Africa Standard Time. Board Change • Jun 13
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. 1 highly experienced director. Independent Non-Executive Director Connie September was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 
