Nido Education Limited (ASX:NDO) completes acquisitions and forecasts earnings

Nido Education Limited (ASX:NDO) has successfully completed the acquisitions of four child care services from its incubation pipeline. The acquisitions, ahead of expectations, are forecast to generate earnings in CY2025 in the order of $2.6 million EBIT.

Executive Commentary on Nido's Acquisitions and Growth Model

Nido's unique growth model allows it to acquire proven, profitable services that are purpose-built, de-risking the acquisitions. The company's strong pipeline with approximately 100 sites at various stages of development underpins its growth expectations. Nido's capability in delivering greenfield developments is evident through the successful site selection process. The acquisitions, de-risked through an earnout and claw-back, mark a significant milestone for Nido.

Summary of Nido's Acquisitions and Growth Strategy

Nido Education Limited (ASX:NDO) has completed the acquisitions of four child care services, demonstrating its unique growth model and successful site selection process. The forecasted earnings of approximately $2.6 million EBIT in CY2025 indicate a positive outlook for the company. With a strong pipeline of approximately 100 sites at various stages of development, Nido's growth expectations remain robust. The de-risked acquisitions and purpose-built services position Nido for continued success in the child care industry.