STADIO, the private higher education group, reported HEPS up 15.9% to 24.0c, 0.5c below the trading statement midpoint of 24.25c. Revenue increased 13% to R1.08bn, driven by 10% student growth to 56,171. Strong contact learning enrolments and new campuses supported growth, while investment in people and infrastructure increased costs. Core HEPS rose 18.4% to 24.5c, exactly at the trading statement midpoint, with no interim dividend declared.
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