Malvern's Junior ELT unit revenues set to fall short of expectations.

Education and services provider Malvern International said on Wednesday that year-to-date trading has "varied" across its divisions but assured investors that it was "confident" it would make "significant progress" in the current year.

Malvern International
11 June 2025 10:02:12

Source: Sharecast

Malvern said its Junior ELT division, while trading ahead of last year, was not expected to grow to the £7.5m revenue level indicated in its trading update in February.

The AIM-listed firm stated revenue was largely H2-weighted around summer schools and said that while bookings were not yet finalised, it has seen lower conversion of bookings from China, which has been impacted by ongoing global trade disputes.

"While revenue growth in this division will not be as strong as had been hoped, flexible contracts for summer school accommodation and staffing are enabling us to effectively manage costs, minimising the impact on margins," said Malvern.

Malvern noted that its Adult ELT and University Pathway divisions were trading in line with management expectations. Pathway bookings for September intake were said to be "progressing well" across its larger portfolio of universities.

As of 1000 BST, Malvern International shares had sunk 12.20% to 18.0p.

Reporting by Iain Gilbert at Sharecast.com

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