R26 billion private school giant in South Africa making a killing
JSE-listed private school group Advtech is expecting a significant bump in earnings for the six months ending June 2026.
In a voluntary trading statement on Tuesday (11 August), the group said that it expects its headline earnings per share for the period to be between 13% and 18% higher.
This would put earnings between 127.4 and 133.3 cents per share, compared to 113 cents in the previous interim period.
Advtech is the owner of several prominent private basic and tertiary education offerings, including Crawford International, Trinityhouse, Pinnacle Colleges and the recently launched Emeris.
In addition to its operations in South Africa, it also operates in Kenya, Ethiopia, Botswana, and Ghana.
The company has a market cap of R26 billion, valuing it higher than major brands in South Africa, including SPAR, Pick n Pay, as well as other listed private education groups.
Following the sale and delisting of Curro, AdvTech leads the private education sector, ahead of Stadio Holdings and the Pembury Lifestyle Group.
At the start of the year, the group reported having just under 120,000 students going into 2026, across 122 schools.
Regarding its operations, it said it was facing a challenging 2026, with South Africa’s economic prospects uncertain given persistently low growth and high unemployment.
However, this also created an environment of skills shortages, which drives “a strong demand for quality education despite economic pressure,” it said at the time.
“With the public education system facing declining quality and increasing space constraints, demand for quality private education has grown,” it said.
The group said it will publish its interim results for the six months ended 30 June 2026 on the JSE’s Stock Exchange News Service on or about Monday, 24 August 2026.
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