News blog
Education Development International
- BY: Andrew Hore |
- POSTED: 24/09/2008 |
Education Development International has won a new contract and renewed two others.
Newcastle University’s School of Mathematics and Statistics has signed a three year contract to use the i-assess platform.
The renewals are worth even more. EDI has renewed its three year contracts with the accountancy body ACCA, which uses the company’s i-assess testing service, and vocational training supplier JHP Training, which uses EDI’s vocational qualifications and online assessments.
FinnCap forecasts a rise in full year profits from £2.2m to £3.3m in the year to September 2008.
At 39.75p, the shares are trading on seven times prospective earnings for 2007-08. EDI is valued at £23.3m.
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