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Curro’s half-year earnings soar as student intake grows

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The company says its estimated investment on expansion and replacement of assets is R1bn for 2019

Curro, which operates private schools and colleges said its headline earnings rose 44% to R206 million in the six months ended June.

Recurring headline earnings rose 7% to R153m and recurring HEPS increased 7% to 37.1 c. Its student numbers increased 13% from to 57,173 pushing the group's revenue up 19% to R1.4bn.

 

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