Mayfield Childcare Announces Mixed H1 2024 Results
Company Announcements

Mayfield Childcare Announces Mixed H1 2024 Results

Mayfield Childcare Ltd. (AU:MFD) has released an update.

Mayfield Childcare Limited reported a 5.2% increase in revenue for the first half of 2024, reaching $38.2 million, with a significant 82.3% rise in underlying EBITDA at $1.5 million. However, the company experienced a downturn, with losses after tax widening by 34.3% to $797,000. Despite this, the company declared a modest interim dividend of 0.5 cents per share, fully franked, payable in late September.

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