Evolve lifts 1H profit 11%, wants to add up to 20 centres in 2017

Evolve lifts 1H profit 11%, wants to add up to 20 centres in 2017
Sophie Boot
By Sophie Boot Nov. 21 (BusinessDesk) - Evolve Education Group, the childcare centre operator, lifted first-half profit by 11 percent as it looks to increase its centre numbers over the next two years. Net profit rose to $12.5 million in the six months ended Sept. 30, from $11.3 million a year earlier, as revenue increased 9 percent to $76.4 million, the Auckland-based company said in a statement. Evolve contracted five new early childhood education (ECE) centres in the first half has contracted a further eight since that date, the com...