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IDP Education Limited (ASX:IEL)

ALERT: Price-sensitive ASX Announcement for IEL
Current share price for IEL : $2.150 -2.39 (-52.64%)+
Announcement
Release
28 Aug 2025 8:15AM
Price at Release
$4.540
Full Release
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Summary
IDP Education Limited (IEL) announced its financial results for FY25, revealing a challenging year due to restrictive policies across key markets, which disrupted long-term growth trends in international student mobility. The company reported a revenue decrease of 14% to $882.2 million, with significant declines in student placement and language testing volumes, although some losses were mitigated by increased average prices. IDP launched a multi-year transformation program aimed at becoming more efficient and technology-enabled, targeting a $25 million reduction in costs for FY26. Despite the challenges, IDP maintained strong student trust levels and formed new partnerships with educational institutions. The company is focusing on managing financial performance and executing transformation priorities in FY26, expecting adjusted EBIT between $115 million and $125 million. Dividend payments were declared, reflecting a 70% payout of adjusted net profit after tax.
Key Points
  • FY25 results were impacted by policy restrictions across key markets.
  • Revenue decreased by 14% to $882.2 million.
  • Student placement volumes fell by 29%, while language testing volumes declined by 18%.
  • Initiated a multi-year transformation program for efficiency and technology enablement.
  • Projected $25 million net reduction in cost base for FY26.
  • Strong student trust levels with a Net Promoter Score above 70.
  • Formed partnerships with 50 new educational institutions.
  • Declared a final dividend payment of 5 cents per share.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.