Record Full Year Audited Results – FY14
Highlights Revenue: $491.3m, up 79%
Earnings Before Interest and Tax: $107.2m, up 117%
Net Profit after Tax: $52.7m, up 70%
Basic earnings per share: 16.15 cents, up 43%
Underlying Earnings Before Interest and Tax: $101.5m, up 101%
Underlying Net Profit after Tax: $60.6m, up 88%
Underlying earnings per share: 18.57 cents, up 58%
455 owned centres in Australia and Singapore
In announcing the result, G8 Education’s Managing Director, Chris Scott said: "2014 was another year of significant progress for the Group. The acquisition and integration of 203 centres and a set of strong financial results highlight the quality of the Group’s business model and operational leadership teams."
GEM Price at posting:
$4.78 Sentiment: Buy Disclosure: Held
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