Curro Holdings (JSE: COH / FRA: 24P) is a leading for profit independent schools provider in southern Africa. However, the Company had expanded too quickly with debt and was forced to do a massive emergency rights issue in August 2020 as COVID impacted the ability of parents to pay for school fees. However and with COVID out of the way, the Company performed better last year and may continue to show progress with it’s upcoming interim year report.
Source (EM STOCK PICK TEAR SHEETS): Curro Holdings (JSE: COH / FRA: 24P): Performing Significantly Better After Expanding Too Quickly
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