Private education group Stadio says net profit jumped 47% to R52.2m in the six months to end-June partly thanks to the acquisition of another higher-education institution.

Stadio bought Prestige Academy, which has campuses in the Western Cape and Gauteng, in November 2018. That helped the group lift revenues 38% to R408.9m in the first half of 2019...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now