BPP Holdings PLC Sale of ACCA, CIMA Text Books

BPP Holdings PLC, a provider of professional education, saw a change in its first half/second half split of revenue and margins with a stronger emphasis on the closing half. This followed the change in ACCA Syllabus.

Enrolments for both CIMA and ACCA qualifications courses were encouraging and in line with the company's expectations.

Particularly pleasing was the 60 pct increase in 'external sales' of ACCA text books in the second half following the increased investment in business development and product development in the first.

Monkey on the Temple

Source: Pixs in India

Analysts are predicting year to December 2007 pretax profits of 20.9 mln stg, compared with 18.03 mln in the previous year. A 20.3 pence dividend total, up from 17.7, would be covered by EPS of 28.9 pence against 23.5.

Source: CNN Money

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