UK's Malvern International jumps on profit swing forecast

Malvern International

24/08/2023 10:08

** Shares of Malvern International  MLVN.L  rise as much as
19.4% to an almost two-year high of 21.5p 
    ** The global learning and skills development firm sees
swing to HY profit from loss of 700,000 pounds a year ago on
strong student intake and strong English language teaching revs 
    ** Says momentum has continued into H2
    ** Co sees number of students starting courses for September
materially ahead of previous year
    ** Up to last close, stock had risen almost 50% so far this
year 


($1 = 0.7878 pounds)

 (Reporting by Prerna Bedi in Bengaluru)
 ((Prerna.Bedi@thomsonreuters.com; +91 98052 24616;))