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Recent articles

Operating profit up 3% at Stagecoach Theatre Arts Aug 31, 2010: Stagecoach Theatre Arts has reported a 3% increase in operating profit to £720k for the year ended 31 May 2010.

Findel Education sales down 15% Aug 1, 2010: Findel’s education division has reported sales down 15% to £138.4m for the year ended 2 April 2010 and an operating profit of £3.5m.

Losses reduced at Explore Learning Aug 1, 2010: Explore Learning, the supermarket based tutorial company for 5-14 year olds has reported an operating loss of £0.3m for the year ended 31 December 2009.

Accounting problems at Findel Education worse than previously thought Jul 1, 2010: Findel has completed the review of its Education division following the company’s announcement in March that a number of accounting entries could not be “properly substantiated”.

Competition pushes ICS into loss Jul 1, 2010: International Correspondence Schools has reported a pre-tax loss of £3.6m for the 18 months ended 31 December 2009 on revenue of £17.3m.

RM’s education resources division drives increase in first half revenue Jun 1, 2010: Half year revenue at RM increased 10.2% to £156.4m for the six months to 31 March 2010 as a result of strong revenue growth at the company’s education resources business

LSN to take over the National Extension College Jun 1, 2010: The Learning and Skills Network is to take over the National Extension College

Business in line with expectations at Holidaybreak’s education division Jun 1, 2010: Holidaybreak’s education division has reported revenue little changed at £44.1m for the first half year ended 31 March 2010.

Keith Chapman leaves Findel May 3, 2010: Keith Chapman resigned last month as Chairman of Findel plc, eight days after the company reported that it was reducing its education division’s prior year profit before tax by £5m following a review of a number of accounting entries

Sales up at Justin Craig May 3, 2010: Justin Craig, the GCSE and A Level revision course business, has reported a growth in sales

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