JAMIE CARR: Curro has a distinction in real-life skills
What is impressive about Curro’s interims is the way the company is continuing to grow steadily across the board
Curro’s share price has taken a mighty pounding since it peaked at a remarkably frothy valuation at the end of 2015, but it is hardly the company’s fault if the punters are piling in at levels that in retrospect look a touch delusional. It would have been next to impossible for Curro to maintain the turbo-growth of its early years in a market that is more mature and more widely serviced, especially in an environment where disposable income is as scarce as it is today.
What is impressive about Curro’s interims is the way the company is continuing to grow steadily across the board, with pupil numbers up 13%, revenue up 19% and headline EPS bouncing a cheeky 44% even in these straitened times...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.