Evolve shareholders demand answers

Wed, 18 Sep 2019

By Victoria Young Sept. 18 (BusinessDesk) - New directors at Evolve Education were forced to their feet as shareholders demanded information from the childcare firm’s new management. But there was little forthcoming at today’s annual meeting from the new executives of the beleaguered NZX-listed childcare company, which recently traded at 11.2 cents a share after listing at $1 in 2014. In May, Evolve reported underlying earnings before interest, tax, depreciation and amortisation of $13.3 million in the year ended March 31, down from $2...

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