Curro grows profits by 83% (learner numbers up 14% to 47 589)

We are dreaming big.

Dr Chris van der Merwe, Curro

Curro revenues rose by 27% to R1.76 billion in 2016.

After-tax profit grew by 83% to R168 million.

The number of learners increased by 14% to 47 589.

The Money Show’s Bruce Whitfield interviewed Curro CEO Dr Chris van der Merwe.

Listen to the interview in the audio below (and/or scroll down for more quotes from it).

We’ve experienced growth for the 6th consecutive year since listing.

Dr Chris van der Merwe, Curro

There is ample growth space for the private sector.

Dr Chris van der Merwe, Curro

We will always be sensitive in terms of affordability.

Dr Chris van der Merwe, Curro

Our bad debt stands at 1.4% of turnover.

Dr Chris van der Merwe, Curro

We really do our best to work with parents [who struggle to pay].

Dr Chris van der Merwe, Curro

We will complement the State.

Dr Chris van der Merwe, Curro

Our key strategy is to ensure employment for students.

Dr Chris van der Merwe, Curro

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Article brought to us by Old Mutual.


This article first appeared on 702 : Curro grows profits by 83% (learner numbers up 14% to 47 589)


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