![Printer-friendly version Printer-friendly version](https://childcarecanada.org/sites/all/modules/contrib/print/icons/print_icon.png)
![Send by email Send by email](https://childcarecanada.org/sites/all/modules/contrib/print/print_mail/icons/mail_icon.png)
![PDF version PDF version](https://childcarecanada.org/sites/all/modules/contrib/print/print_pdf/icons/pdf_icon.png)
See text below.
EXCERPTS
Childcare giant ABC Learning Centres is expecting to boost margins this year with Australian fees set to rise 4 per cent, according to analysts.
Brisbane-based ABC, which controls more than 2200 centres worldwide, is also reportedly trying to get more parents to put children into centres on "weaker" Mondays.
The remarks were contained in a note this week distributed among ABN Amro Morgans brokers after ABC spoke at a "Queensland Institutional Conference".
ABC declined to comment yesterday on those remarks, which were attributed to chief executive officer Eddy Groves.
Last month, ABC posted a 29 per cent rise in full-year earnings per share to 36¢ and eased concerns from some investors about growth in the critical US market. Profits rose 76 per cent as ABC expanded and bought rivals.
...
A fee lift would mirror ABC's increase this year of 4 per cent, although it argued most parents saw lower out-of-pocket fees because a government rebate rose 13 per cent.
...
- reprinted from the Courier Mail