Acquisitive education group Curro maintained its interim revenue growth at 24%, but losses contributed by its "lower-fee" school arm Meridian and its tertiary education arm Stadio slowed its profit growth to 31% from 67%.Curro reported on Tuesday that it cracked the R1bn interim revenue barrier in the six months to end-June, maintaining the 24% revenue growth pace set in the matching period.The group segments itself into three businesses: its flagship Curro private school brand, which grew revenue 28% to R915m and headline earnings 64% to R128m; Meridian, which grew revenue 4% to R136m while its headline loss nearly quadrupled to R15m from R4m; and Stadio, which grew revenue 26% to R24m but fell into a headline loss of R3m from headline earnings of R7m in the matching period."Curro performed well overall, despite the seven Meridian campuses, operating in the rural lower-fee market, experiencing pressure as a result of lower learner numbers compared to the previous year."Stadio’s los...
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