GEM g8 education limited

Ann: Half Yearly Report and Accounts-GEM.AX, page-49

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    Earnings Before Interest and Tax (EBIT). Centres acquired before 2013 have been able to deliver on average an ~8% or more improvement in EBIT per annum in recent years. Centres acquired in 2014 and 2015 delivered just 1% in EBIT growth in the half year. You call that growth. I think your seeing things, and if rates go back to normal levels what returns are you going to receive.
 
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