Diluted HEPS 24.1cps (+23.0% y-y).
Turnover increased by 16.5% y-y to R1 414m.
OPM decreased by 20bps to 22.6%.
Expenses increased by 16.7% y-y, while expense-to-sales increased from 77.2% to 77.4%.
Dividend of 10.0cps.
Contact learning student numbers for semester 2 increased by 2.1% y-y to 5 819 students.
Distance learning student numbers for semester 2 increased by 14.3% y-y to 40 689 students.
Cash generated from operating activities up 6.9% y-y to R246m.
SDO announced that it has approved the construction of the STADIO Durbanville campus. The campus will be constructed in phases, with the first phase commencing in 2024, subject to final municipal approval. The construction will be funded 50% through cash and 50% through long-term debt.
