ADvTECH CEO Roy Douglas on Monash SA acquisition, strong FY numbers

PUBLISHED: Mon, 18 Mar 2019 10:52:49 GMT


ADvTECH full year results were positively impacted by the tertiary and resource division. The group’s revenue has increased by 11 per cent to R4.4 billion. ADvTECH comprises of 103 schools and 29 tertiary campuses, the school divisions revenue has gone up by 15. Due to the high capital investment period the board has reduced the dividend pay out to 15 cents for the year ended December, bringing the full year dividend to 30 cents compared to the prior year of 34 per cent. ADvTECH CEO, Roy Douglas joins CNBC Africa for more….

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