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 Latest Results

Revenue Up    9%       
Operating Profit Up 17%
Headline Earnings Per Share Up 14%
Interim dividend per share
     11.0 cents

 Share Price

  
 
   IN THE NEWS   

  
  SENS Announcement
   
  Annual Results 2013 PDF / HTML
 
    
Std Excellence Achiever 2014 (CMYK) H.jpg

 Highlights For The year

 
  • ADvTECH acquires Centurus Colleges group of schools
  • ADvTECH increases earning growth rates, Interim Results for six months to 30 June 2014
  • ADvTECH announces Chairman Leslie Maasdorp as CEO
  • Our 1 344 Matric students achieved a 100% pass rate
  • 2 954 Matric subject distinctions were obtained
  • 110 of our Matric students achieved seven or more distinctions
  • Varsity College has an 84% pass rate, making them one of the leading institutions in the country
  • Varsity College established The IIE Business School @ Varsity College (TBS) which is due to open for enrolments in 2014
  • 3 350 candidates placed in jobs
  • The Independent Institute of Education (The IIE) is now internationally accredited by the British Accreditation Council (BAC)
  • Two new schools opened in 2014: Trinityhouse Heritage Hill and Crawford Italia
  • The acquisition of the Tiny Town nursery school brings much needed additional capacity to the Junior Colleges Brand
  • ADvTECH announced the conclusion of agreements for the acquisition of Centurus Colleges which owns and operates three independent premium co-educational schools, namely Pecanwood College, located at Pecanwood near Hartebeespoort Dam, Southdowns College, located in Irene near Pretoria and Tyger Valley College, located east of Pretoria for a cash consideration of R712 million. The injection of Centurus Colleges, which includes 3,080 students, strengthens ADvTECH's position in the premium school market in South Africa and will immediately increase the Group's enrolments by some 20%.

 

 Our Corporate Social Investment

ADvTECH’s Corporate Social Investment (CSI) strategy is aimed at promoting sustainable development in our society. Read more...

 Annual Report Contact

Sandra Saunders
Tel: +27 11 676 8000
Fax: +27 11 783 2640
annualreport@advtech.co.za

 Contact Us

ADvTECH House, Inanda Greens
54 Wierda Road West, Wierda Valley
Sandton, 2196
Tel: +27 11 676 8000 | annualreport@advtech.co.za

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