NZ's Evolve Education rises on upbeat outlook

Embark Education

09/11/2020 24:20

** Shares of Evolve Education Group  EVO.NZ  rise as much as
15.5% to NZ$0.134
    ** The childcare and education centre operator forecasts
Jan-Sept underlying core earnings of NZ$14.4 mln ($9.79 mln) to
NZ$14.8 mln  urn:newsml:reuters.com:*:nNZWL21fg
    ** Co says results reflect 10 EVO Australian centres
acquired in CY19 that have been trading well
    ** Going forward, considering potential acquisitions of
about NZ$20 mln - co
    ** Stock is set to post its fourth consecutive session of
gains
    ** Nearly 765,179 shares changed hands compared with 30-day
average volume of 192,094
    ** Stock is down 35.2% this year, as of last close  
  


($1 = 1.4715 New Zealand dollars)

 (Reporting by Vasudha Kaukuntla in Bengaluru)
 ((Vasudha.Kaukuntla@thomsonreuters.com))