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Evolve’s Oz expansion afoot, but lower NZ earnings

Lower occupancy and no new migrant teachers affect NZ revenue.

Dual-listed Evolve Education has completed the purchase of 10 new early childhood centre operations in Queensland and Victoria, bringing its Australian total to 20.

In New Zealand, Evolve runs 116 centres and employs nearly 2200 people, where it’s the country’s second-largest childcare

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Evolve’s Oz expansion afoot, but lower NZ earnings
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