Regulatory delays and Covid-19 bring decline in contact learning offset by online growth
Private higher education group Stadio says interest in online learning helped with a double-digit increase in its student base in its half-year to end-June, but is optimistic a decline in contact learning will reverse as the effects of the pandemic ease.
Revenue rose 17% to R548m in the group’s six months to end-June, when student numbers rose 11% to 34,494, despite a 6% decline in contact learning students...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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