AdvTech hikes dividend after growing revenue despite Covid-19

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Using software from its tertiary division, the group was able to switch all pupils to online learning in three weeks

AdvTech, owner of Trinityhouse and Crawford College schools, has reported a 4% annual increase in enrolments at SA schools, suggesting that the weak economy and Covid-19, which hit the pockets of some parents, have not stifled demand for private schooling.

Recently, competitor Curro, owner of private schools serving more than 60,000 pupils, reported a similar sentiment in recent results when it announced record enrolments for 2021, up 12% year on year...A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

 

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