AdvTech expects earnings boost of up to 18%

ADVTECH Limited (JSE:ADH) projects that its Basic NEPS, Basic HEPS, and Basic EPS will be between 13% and 18% higher for the year ended December 31, 2024, compared to the prior year. This translates to earnings per share between 196.8 and 205.8 cents, a substantial increase from the 174.2 cents reported for NEPS and HEPS, and 174.4 cents for EPS in the comparative period. The company reports normalised earnings per share to exclude the impact of one-off transactions and corporate actions. ADVTECH also stated its satisfaction with the 2025 enrolments for its schools and tertiary divisions. The financial information has not yet been reviewed or audited. The company expects to release its full results on or about Monday, March 24, 2025.