Revenue ($m) 788.4, down 14.5pc from year-earlier 922.2
Pretax profit ($m) -204.2 v 70.9
Net profit ($m) -187 v 52
Final dividend nil v 6c
Childcare group G8 Education has pushed through fee increases of almost 4.5 per cent and says it faces a slow grind to restore occupancy levels to pre-COVID-19 levels.
The price increase from this month at G8, Australia’s largest for-profit operator with 472 centres across brands from JellyBeans to NutureOne, takes its average fees to $118 a day.
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Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au
