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Company News Summary

IDP Education Announces FY 2019 H1 Results

07 Feb 2019  |  08:40:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: FY19 H1 Results Announcement

IDP Education announced its results for the first half of the 2019 financial year (H1 FY 2019). For the six months to 31 December 2018, the Company reported total revenue of $304.3m, an increase of 26% compared to the same period in FY 2018. Earnings before interest, tax, depreciation and amortisation (EBITDA) was $66.8m, which represents an increase of 33% compared with the same period in FY 2018. On a constant currency basis, the Company recorded revenue growth of 23% and EBITDA up 31%.

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