Diluted HEPS 21.6cps (+15.5% y-y).
Turnover increased by 2.1% y-y to R1 023m.
OPM increased from 22.0% to 22.8%.
Expenses increased marginally by 0.9% y-y with expense-to-sales decreasing from 78.4% to 77.6%.
Dividend of 6.0cps (1H24: 6.0cps).
Cash generated from operating activities improved from R-17m to R142m.
Average group occupancies decreased from 61.0% to 57.0%.
Average room rates for the year have increased 10% y-y (1H24: +9% y-y).
Food & Beverage revenue increased by 6% y-y to R200.2m and accounts for 20% (1H24: 19%) of total revenue.
In 1H25, 35 500 room nights taken out of inventory due to refurbishments (1H24: 17 000 room nights) and completing five refurbishment projects during the period.
On conclusion of this current phase of refurbishments, CLH would have completed refurbishments to 21% of its portfolio.
