Newly listed Evolve Education Group Limited
(ASX:EVO) says it has exceeded its prospectus guidance till the end of March by 13.25 per cent.
Revenue came in at $32.9 million, spurred by a 14.2 per cent jump in reported revenue from Early Childhood Education.
CEO Alan Wham attributed the strong result to the accelerated settlement of some of the many recent acquisitions as well as improved operational performance from the ECE centres.
Evolve has settled on the purchase of 86 new early childhood centres with further 12 centres acquired since and the company says its on track for its targets to March 2016 including dividend payouts.
