Think Childcare expanding portfolio

Company News

Think Childcare and Education Limited (ASX:TNK) has contracted the purchase of two childcare centres and reached essential terms on a further two centres.
 
The operator of childcare facilities has advised all centres under contract or under consideration are earnings per share accretive. 
 
Managing Director and CEO Mathew Edwards says the company expects to make further acquisitions and is assessing opportunities externally and within its centres. 
 
Think Childcare has also today re-affirmed its annual prospectus forecast and expects to deliver a net profit of $4.33 million in calendar 2015. 
 
Think Childcare and Education reported a net loss of $6.01 million in the 2014 calendar year.