REG - Malvern Inter. PLC - Trading update

Malvern InternationalAnnouncement

11/06/2025 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250611:nRSK2911Ma&default-theme=true

RNS Number : 2911M  Malvern International PLC  11 June 2025

11 June 2025

MALVERN INTERNATIONAL PLC

("Malvern", the "Company" or the "Group")

Trading update

Trading in the year to date has varied across our divisions.

The Adult ELT and University Pathway divisions, including the new University
contracts, are trading in line with management expectations. Pathway bookings
for the September 2025 intake are progressing well across our larger portfolio
of universities, positioning Malvern as a more robust and sustainable growth
business. The Group continues to pursue further university pathway
partnerships and is actively engaged in discussions with additional
universities to expand our network.

The Junior ELT division, while trading ahead of last year, is now not expected
to grow to the £7.5 million revenue level indicated in our trading update in
February 2025. This revenue is largely second half weighted around summer
schools. While bookings are not yet finalised, we are seeing lower conversion
of bookings from China which has been impacted by the on-going global trade
disputes. Other regions, particularly Latin America and Turkey are growing
following the sales and marketing investments made in these regions. While
revenue growth in this division will not be as strong as had been hoped,
flexible contracts for summer school accommodation and staffing are enabling
us to effectively manage costs, minimising the impact on margins.

Overall, we are confident the business will make significant progress this
year.

 For further information please contact:
 Malvern International Plc                 www.malverninternational.com (http://www.malverninternational.com/)
 Mark Elliott - Chairman                   Via our website
 Richard Mace - Chief Executive Officer
 Zeus (NOMAD & Broker)                     https://zeuscapital.co.uk/
 Mike Coe / James Bavister                 0203 829 5000

 

 

 

Notes to Editors:

 

Malvern International is a learning and language skills development partner,
offering international students essential academic and English language
skills, cultural experiences and the support they need to thrive in their
academic studies, daily life and career development.

 

University Pathways provides on- and off-campus in-sessional and
pre-sessional programmes to support international students in progressing to a
wide range of universities and undergraduate courses. Malvern assists its
university partners with international student recruitment and conversion,
admissions, fee collection, and course delivery, including teaching,
orientation, and student support.

 

English Language Teaching is provided to adults at Malvern House Schools,
accredited by the British Council and registered in the UK, with centres in
London and Manchester. For Juniors aged 13 to 18, fully immersive residential
English language centres and customised language programmes are available at
high-quality locations.

 

For further investor information go to www.malverninternational.com
(http://www.malverninternational.com/)

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DOCPKKBPCBKDDAD