South Africa · Delayed Price · Currency is ZAR · Price in ZAc ADvTECH Earnings Call Transcripts
Fiscal Year 2026
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Revenue rose 8% and operating profit 14% year-on-year, driven by strong enrollment growth and margin expansion, especially in the tertiary division. Capital investments and brand consolidation support future growth, while risk management and strategic pivots in resourcing and African operations underpin resilience.
Fiscal Year 2025
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Revenue and operating profit grew 10% and 14% year-on-year, with strong margin expansion and a 17% dividend increase. Enrollment growth was robust, especially in tertiary and African schools, while significant investments in capacity and brand restructuring position the group for continued growth.
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Revenue rose 10% and operating profit 14% year-over-year, driven by strong enrollment growth and margin expansion, especially in African operations. Major investments in capacity and acquisitions support continued growth, while regulatory delays and fee mix shifts present challenges.
Fiscal Year 2024
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Revenue and operating profit grew 8% and 14% year-over-year, with strong enrollment growth across all divisions. Major milestones include the Flipper acquisition in Ethiopia and the launch of Rosebank University in Ghana, while robust cash generation supports ongoing investment and dividend growth.
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Strong H1 2024 results with 9% revenue and 15% operating profit growth, margin expansion, and a 27% higher dividend. Robust enrollments, ongoing African and tertiary expansion, and a sound balance sheet support continued growth.