ADvTECH Ltd 2015 IR
The report highlights ADvTECH Group's strong performance and accelerated growth for the fiscal year ended December 31, 2015. The company achieved a 40% increase in revenue to R2.7 billion and a 75% increase in operating profit to R448 million. Total student enrolment grew by 43% to 48,053, driven by organic growth and strategic acquisitions including Centurus Colleges and the Maravest Group. Additionally, the company expanded its footprint into the rest of Africa with the acquisition of Gaborone International School in Botswana. ADvTECH also demonstrated its commitment to social responsibility by awarding 9,965 bursaries and investing R103 million in corporate social investment initiatives.
Company: ADvTECH Ltd
Sector: Education
Country: South Africa
Year: 2015
Type: IR
Pages: 128
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ADvTECH Ltd
Integrated Annual Report
The report highlights ADvTECH Group's strong performance and accelerated growth for the fiscal year ended December 31, 2015. The company achieved a 40% increase in revenue to R2.7 billion and a 75% increase in operating profit to R448 million. Total student enrolment grew by 43% to 48,053, driven by organic growth and strategic acquisitions including Centurus Colleges and the Maravest Group. Additionally, the company expanded its footprint into the rest of Africa with the acquisition of Gaborone International School in Botswana. ADvTECH also demonstrated its commitment to social responsibility by awarding 9,965 bursaries and investing R103 million in corporate social investment initiatives.
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Document Details
Report Year
2015
Reporting Period
Jan 1, 2015 - Dec 31, 2015
Fiscal Year
2015
Published
Mar 12, 2016
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees