Nido Education Limited (AU:NDO) has released an update.
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Nido Education Limited has successfully acquired four child care services for $11.85 million, boasting strong site selection and development capabilities. The company’s innovative incubation model has de-risked these acquisitions, which are expected to contribute $2.6 million EBIT in CY2025. With a strong pipeline of approximately 100 sites in development and 100 to 150 new opportunities per month, Nido is well-positioned for continued growth.
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