Slide 1: G8 Education Overview
For personal use only G8 Education Overview G8 Education Limited (ASX:GEM) August 2011
Slide 2: Overview
Overview For personal use only Following the acquisition of five separate child care groups over the past 20 months G8 Education’s child care portfolio now comprises: Australia 132 owned child care centres 6 centre acquisitions under contract Acquisition pipeline of centres being negotiated
Slide 3: Acquisition Update
Acquisition Update For personal use only • Early Learning Centres (38 centres) Occupancy now at 80% and labour cost 56% of revenue. • Payce Childcare (30 centres) Occupancy now at 77% and labour cost 56% of revenue. • Local Kids (20 centres) Occupancy now at 77% and labour cost 59% of revenue. Furth
Slide 4: Acquisition Improvements
Acquisition Improvements For personal use only Revenue EBIT EBIT margin ($’000) ($’000) (%) 1H10 16,013 2,261 14.1% ELS (settled Dec 2007) 1H11 16,545 2,561 15.5% Variance (%) 3.3% 13.3% 10.0% 1H10 11,752 1,230 10.5% Payce (settled 25 March 1H11 12,941 2,180 16.8% 2010) Variance (%) 10.1% 77.2% 60.0
Slide 5: Financial Improvements
Financial Improvements For personal use only Since 30 June 2011 the following key drivers of the business have changed: • Increase in Long Day Care fees effective from July 2011 of 4.3% against a forecast of 3.5% • Increase in Award wages effective from July 2011 of 3.5% against a forecast of 4.0% •
Slide 6: 2011 Guidance
2011 Guidance For personal use only 2011 Guidance for 2011 Guidance for 2011 Guidance for Australia Singapore the Group AUD$ million AUD$ million** AUD$ million Revenue 125.50 6.85 132.35 Expenses 106.74 5.35 112.09 Earnings Before Interest and Tax 18.76 1.50 20.26 Interest 1.90 - 1.90 Net Profit Be
Slide 7: The vision of G8 Education
The vision of G8 Education For personal use only • A portfolio of outstanding child care brands: • Cherie Hearts • Early Learning Services • World of Learning • Bourne Learning • Community Kids • Holiday Club • Kindy Patch • Headstart • Kids Korner • Focus on the importance of child care • Make good
Slide 8: G8's mission
G8’s mission For personal use only Our mission is to be Australasia’s leading provider of high quality, developmental and educational child care services, and to achieve this through growth and sustainability: Quality Education & Care Employees • To nurture and develop • To commit to employee childr
Slide 9: Disclaimer
Disclaimer For personal use only • This presentation has been prepared by G8 Education Limited based on the information available to them. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions