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December 2018 edition

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The Assignment Report Events

Making a difference - Maximising learning outcomes and improving workflow in schools

14 February 2019, 13.45 to 17.45, Ironmonger's Hall, London

Confirmed panellists include: Steve Burnett, Managing Director, RM Education; Andrea Carr, Founder of Rising Stars; Paul Charman, Managing Director, FFT Education; Richard Marett, CEO, Whizz Education; Amanda Peck, Executive Director Marketing, Professional Group, McGraw-Hill Education; Josh Perry, Director, Assembly; Ian Rowe, Business Development Director, GCSEPod; and, Dan Sandhu, CEO, Sparx.

Paul Howells (CEO, Eteach Group), Julian Drinkall (CEO, AET) and Rupert Barclay (Managing Partner, Cairneagle)

Profits up 47% at VT Education and Skills

publication date: Jun 1, 2008
author/source: Ed Tranham

VT Education and Skills (VTES) saw profits increase 47% to £5.6m for the year ending 31 March 2008. Revenues were up 11% to £124.9m. Education now accounts for 5.6% of VT Group’s profits and 10.4% of revenues.

The operating profit of VTES was a meagre £5.6m (6%) in the same period. At the end of March 2008 VTES’s order book stood at £210m including the recently awarded four-year £32m Waltham Forest School Improvement contract via its FourS division and £6m pa training contract wins in the automotive industry.

Although there are some synergies across the VT Group from having an education business it is difficult to conclude that education is a long-term play for an engineering-based support service business company with defence at its core.

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