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Advtech expects earnings to rise by up to 18%
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Sunday World
Private education and resourcing group Advtech expects earnings per share to increase by between 13% and 18% in the six months to the end of June, supported by continued growth across its education operations.
The company operates universities, colleges and schools across Africa and is one of South Africa’s largest private education groups.
Earnings per share set to increaseThe group said basic normalised earnings per share (NEPS), headline earnings per share (HEPS) and earnings per share (EPS) are all expected to be between 13% and 18% higher than the same period last year.
NEPS is expected to come in between R1.27 cents and R1.33 cents a share, compared with R1.13 cents in the first half of 2025.
Advtech has secured new land for the construction of a private university mega-campus in Durban, KwaZulu-Natal.