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Business Description: G8 Education Limited (GEM) is a childcare center operator which operates mainly in Australia. GEM conducts a range of child care service activities, including: the acquisition of child care centres, the management of child care centres, industry-related project management, services and consultancy. GEM also operates child care centres, both owned and franchised, in Singapore.
Strategy Analysis: G8 currently holds a portfolio of premier childcare brands and chooses to navigate this quality tilt through its corporate architecture as the company continues to stress the tremendous importance of outstanding childcare. This strategic positioning of its product, disseminating quality and safety allows the G8 to command relatively high margins. In addition to this, a wide distribution spanning Australia and Singapore gives the company leverage to capitalise on demographical changes. Growth will stem from both potential acquisition opportunities and through more organic means.
G8 Education reported NPAT up 11% to $19.21m for the year ended 31 December 2012. Revenues from ordinary activities were $179.99m, up 26% from last year. Diluted EPS was 8.94 cents compared to 9.27 cents last year. Net operating cash flow was $19.95m compared to $11.76m last year. The final dividend declared was 2 cents, taking the full year dividend to 6 cents compared with 4 cents last year.
The Age 21/05/2013 |
Optus says its 4G mobile network will reach 70 per cent of the Australian population by mid-2014. The carrier revealed it has upgraded 4000 3G sites to 4G in five capital cities and in Coffs Harbour, the Gold Coast and Byron Bay. It also plans to make its 4G network suitable for customers with dual-band 4G mobile devices.
The Age 21/05/2013 |
Hong Kong private equity firm Quantum Pacific Capital says it is best placed to resolve a dispute over the ownership of a troubled $5 billion copper and gold project in Java and is negotiating to grab back as much as 80 per cent of the project on behalf of former owner Intrepid Mines.
The Age 21/05/2013 |
Shareholders in Transfield Services were bracing themselves on Monday for an earnings downgrade following downgrades by other mine services operators such as UGL, WorleyParsons and the smaller Coffey International last week.
The Age 21/05/2013 |
The whole retail recovery story has wandered perilously off script over the past quarter. The start of the year held the promise of green shoots at the discretionary spending end. But as we near the close of the financial year, the fragile recovery appears to have been nipped in the bud.
The Age 21/05/2013 |
New Leighton Holdings chairman Bob Humphris has moved to dispel fears that its directors remain at war with its German parent Hochtief, insisting the relationship was "collegiate" despite the abrupt resignation of three fellow directors two months ago.
The Age 21/05/2013 |
Australian shares flirted with five-year highs on Monday, returning to levels not seen since the onset of the global financial crisis, as investors were spurred on by signs of strength in the US economy.
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