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G8 Education Provides Trading Update

08 Dec 2020  |  08:30:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Trading Update

G8 Education continued the recovery in occupancy highlighted in its half-year results presentation in August 2020, with like-for-like occupancy currently at 75.5%. The occupancy gap to last year is currently 4.5 percentage points, narrowing by 5.5%pts since the April 2020 low. It has delivered wage efficiencies in line with its targets for the year as a result of utilising the technology platform that forms part of its new rostering system.

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