Analysis
G8 tries to escape childcare’s returns quagmire
The biggest listed player in childcare posted better profit results. But after years in the shareholder doldrums, many hurdles to consistent profit loom.
Liam WalshReporter
Lauren Bolster read the email from her four-year-old daughter’s childcare centre and was left exasperated, again.
It was in January and ASX-listed G8 Education, which runs an Adelaide centre among 430 facilities with names like Penguin Childcare or Casa Bambini, was raising fees by 4.5 per cent. That marked the fifth rise since January 2022 and meant Bolster would shell out $159.50 a day.
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