Curro increased its revenue by 8% to R5.1 billion.
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GUEST – Cobus Loubser, Chief Executive Officer of Curro.
Curro Holdings Limited today announced its financial results for the year ended 31 December 2024, demonstrating the resilience of its business model in a challenging economic environment. Curro continues to successfully balance its social mission of delivering excellence in education in which “every child matters”, while producing attractive returns for investors.
In a year of remarkable academic and sports achievements and despite challenging economic conditions impacting on consumer spending, Curro increased its revenue by 8% to R5.1 billion. EBITDA grew by 9% to R1.26 billion and headline earnings per share increased by 13% to 83 cents, highlighting the strength of Curro's business fundamentals. For the second consecutive year, Curro generated more cash from operations than its capital expenditure, with an increase of 23% to R197 million in free cash.
Curro Holdings Limited today announced its financial results for the year ended 31 December 2024, demonstrating the resilience of its business model in a challenging economic environment. Curro continues to successfully balance its social mission of delivering excellence in education in which “every child matters”, while producing attractive returns for investors.
In a year of remarkable academic and sports achievements and despite challenging economic conditions impacting on consumer spending, Curro increased its revenue by 8% to R5.1 billion. EBITDA grew by 9% to R1.26 billion and headline earnings per share increased by 13% to 83 cents, highlighting the strength of Curro's business fundamentals. For the second consecutive year, Curro generated more cash from operations than its capital expenditure, with an increase of 23% to R197 million in free cash.