UK's Malvern International jumps on upbeat outlook
30/05/2023 08:35
** Shares of Malvern International Plc MLVN.L jump as much
as 21.2% to 20p, their highest since Oct. 8, 2021
** Co forecasts growth across all its divisions in 2023
** Says student intake for its University Pathways division
in Sept. 2023 is expected to be well ahead of year-ago period
** Sees 2023 revenue from Language In Action junior
programmes to be in excess of 3 mln pounds ($3.7 mln), vs 1.35
mln pounds a year earlier
** Stock currently up 18.2%, taking YTD gains to about 67%
($1 = 0.8100 pounds)
(Reporting by Aby Jose Koilparambil in Bengaluru)
((abyjose.koilparambil@thomsonreuters.com))