Page 81 - 2021 Issue 2

FINANCIAL
RESULTS

for the year ended
31 December 2020

8% 5% 5% 39% Final dividend
per share
Revenue Operating Normalised Free operating 20.0
profit per share cash flow
earnings before capex cents

.
.
Robust Resilient Sustainable – ADvTECH’s strategy prevails

ADvTECH Responsiveness, Strong cash
demonstrates its flexibility and generation
Highlights resilience and commitment of our underpins sound
quality of its employees delivers balance sheet Features contributing to
business model a solid performance our success

1 Revised structures
9%
Revenue 2 Improved systems
UNIVERSITY/
3 Flexibility and responsiveness
TERTIARY DIVISION –
THE IIE IS SA’S LEADING
4% SCHOOLS “PRIVATE UNIVERSITY” 4 Cash generation
Revenue DIVISION • Flexible academic offering and 5 Internal capability and
• Good enrolment growth delivery methods meant a seamless expertise
transition to online delivery for
• Efficient business model 6 Unrelenting focus on academic
5% delivered good results our students and lecturers excellence and prowess in
Student • Comprehensive range and • Resilient performance teaching and learning
enrolments flexibility in delivering • Well established brands with 7 Technology capability
quality education in a respected value offerings
challenging environment 8 Strong financial management

RESOURCING 15%
DIVISION Revenue “ADvTECH successfully navigated
PROSPECTS • Swift management action to 2020 by seamlessly transitioning
protect the business in difficult to online tuition, supported
• Ongoing demand for circumstances by quality programmes and
quality education • Good performance in the reinforced by additional
• Continue to drive efficiencies rest of Africa and distinct pastoral care.”
to ensure our business remains • Dual focus on permanent and Roy Douglas, CEO.
sustainable contract placements
• Consolidating our market
leadership Read more on our website
• Clear focus on delivering value www.advtech.co.za
to our customers