Report
Gareth James
EUR 101.80 For Business Accounts Only

Rolling up to the next baby boom is proving profitable for G8 Education.

G8 Education reported a good fiscal 2017 interim result, particularly considering the current oversupply in the Australian child-care market. Management maintained fiscal 2017 earnings guidance for EBIT in the mid-AUD 170 million range, and our fiscal 2017 EBIT forecast of AUD 177 million implies annual EBIT growth will increase from 5% in the first-half to 12% in the second. We believe this is achievable as the full-year result normally exhibits a second-half skew due to the seasonal nature of ...
Underlying
G8 Education Limited

G8 Education is engaged in the operation of early education centres owned by Co., and ownership of early education centre franchises. Co. operates in Australia and Singapore.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Gareth James

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