Key points
- Improved team retention to 80%, highest in 6 years
- Occupancy at 57.0%, down 7.5% due to external conditions
- Focused on safety, quality, and family experience
- Cost savings of at least $10m annually
- Maintained compliance and financial covenants
Full summary
G8 Education Limited reported its half-year results for the period ended 30 June 2026, highlighting subdued occupancy at 57.0%, down 7.5% due to external conditions. The company has improved team retention to 80%, the highest in the last six years. G8 Education focused on safety, quality, and family experience, with 97% of its centres meeting or exceeding National Quality Standards. The company also implemented cost-saving measures, achieving an estimated $10m in annual savings. Despite the challenging environment, G8 Education maintained compliance with financial covenants.
Guidance
Revenue $413.6m, EBIT $14.7m, NPAT $6.7m, Net debt $124m
Outlook
G8 Education is focusing on rebuilding occupancy and strengthening centre performance through revised marketing approaches, operational improvements, and disciplined pricing strategies.