AdvTech

AdvTech interim HEPS came in +16% higher to 98c (> the midpoint of guidance) | Enrolments +6% | Revenue +9% to R4.3bn: Schools (+11%) & Tertiary (+13%) performed well while Resourcing (-3%) didn’t | Op. profit +15% to R865m | Op. margin 20.2% vs HY23: 19.2% | Improved cash generation used for Capex & debt reduction | HY Divi +27% to 38c.
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