Diluted HEPS 21.5cps (-0.5% y-y).
Turnover increased by 11.5% y-y to R1 141m.
Expenses increased by 14.1% y-y with expense-to-sales increasing from 77.6% to 79.4%. Operating cost per room sold increased by 3.0% y-y.
OPM decreased from 22.8% to 21.0%.
Dividend of 8.0cps (1H25: 6.0cps).
Cash generated from operating activities increased from R142m to R230m.
Average group occupancies increased from 57.4% to 61.6%.
Average room rates for the year have increased 4.0% y-y (1H25: +10.0% y-y).
Food & Beverage revenue increased by 17.0% y-y to R233.9m and accounts for 20.5% (1H25: 19.6%) of total revenue.
The strengthening of the South African Rand against other currencies resulted in an unrealised loss on foreign exchange of R24.7m (1H25: gain of R10.9m), which negatively affected OPM.
