Topline beat, healthy progress all round, reiterate views
WEY's update this morning reflects progress which is well-balanced between the two businesses and shows how the increased focus seen since the start of FY19 is paying off. With a new FY20 sales total of c.£7.5m flagged by the company (WHI forecast: £6.7m) organic growth of 25% was achieved across the InterHigh online school and in Academy 21, twice the forecast rate. A leading supplier of live online education the company is well-placed ....
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
WHI Morning Comment: WEY Education (WEY)
- Published:
25 Feb 2020 -
Author:
Matthew Davis -
Pages:
4
Topline beat, healthy progress all round, reiterate views
WEY's update this morning reflects progress which is well-balanced between the two businesses and shows how the increased focus seen since the start of FY19 is paying off. With a new FY20 sales total of c.£7.5m flagged by the company (WHI forecast: £6.7m) organic growth of 25% was achieved across the InterHigh online school and in Academy 21, twice the forecast rate. A leading supplier of live online education the company is well-placed ....