WEY is an educational group operating a range of fully interactive educational establishments, including the only online secondary school in the UK. This morning’s update from the company highlights healthy growth in the underlying and acquired businesses, with sales at InterHigh ahead by 20% YoY and the Academy 21 acquisition successfully integrated and delivering +25% revenue growth on the same basis. With net cash >14% ahead of expectations, the broader strategic picture includes

23 Aug 2018
Significant progress, net cash ahead, moderating FY19E forecasts

Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Significant progress, net cash ahead, moderating FY19E forecasts
- Published:
23 Aug 2018 -
Author:
Nick Spoliar -
Pages:
4 -
WEY is an educational group operating a range of fully interactive educational establishments, including the only online secondary school in the UK. This morning’s update from the company highlights healthy growth in the underlying and acquired businesses, with sales at InterHigh ahead by 20% YoY and the Academy 21 acquisition successfully integrated and delivering +25% revenue growth on the same basis. With net cash >14% ahead of expectations, the broader strategic picture includes