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Mayfield Childcare’s Bold Turnaround Boosts Profitability Despite Occupancy Challenges
1:24am on Monday 2nd of June, 2025 AEST
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Consumer Services
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Mayfield Childcare’s Bold Turnaround Boosts Profitability Despite Occupancy Challenges
1:24am on Monday 2nd of June, 2025 AEST
Key Points
Group occupancy edges up 1.7% in Q2 FY25 weekly reporting
Wage to revenue ratio cut by 6 percentage points to 62.7%
Underlying centre EBITDA margin doubles to 12.0%
Annualised overhead savings of $1.1 million achieved
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Mayfield Childcare (ASX:MFD)
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