Curro Holdings Ltd (COHJ.J)
|Market Cap (Mil.):||R8,431.12|
|Shares Outstanding (Mil.):||294.79|
JOHANNESBURG, Feb 18 - Curro Holdings Ltd : * Intends to raise R589,594,780 by way of an underwritten renounceable rights offer * Rights offer of 29,479,439 new Curro shares to qualifying shareholders at price of 2000 cents per share * Offer in ratio of 1 rights offer share for every 10 ordinary shares * Record date anticipated to be on or about May 30, 2014 * Proceeds of the rights offer will be used to repay debt in the short term
JOHANNESBURG, Feb 18 - Curro Holdings Ltd : * FY revenue increased by 80 pct * FY EBITDA increased by 114 pct * FY HEPS increased by 87 pct * FY revenue R 659,128,000 versus R 365,749,000 in 2012 * Earnings before interest, taxation, depreciation and amortisation (EBITDA) of 113.7 million rand * Says in 2014, will raise up to R1 billion in bond and/or long term bank funding * Says Curro remains well on track to achieve its stated target of 80 schools by 2020 * Says no dividend
Earnings vs. Estimates
Analyst Research Reports
Curro Holdings Ltd: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
Provider: Wright Reports
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