ABC learning centres, the world's largest daycare provider, has delayed its annual financial results for the third time this year. The Australian company, which owns the Busy Bees nursery chain in the UK, has been beset by financial difficulties and chief executive Eddy Groves left the company in September. Announcing the delay, a company statement said, 'Work continues on finalising the full year result and prior period adjustments arising out of a reassessment of accounting treatments.' It said that its childcare centres would continue to operate as usual.
Register now to continue reading
Thank you for visiting Nursery World and making use of our archive of more than 35,000 expert features, subject guides, case studies and policy updates. Why not register today and enjoy the following great benefits:
What's included
-
Free access to 4 subscriber-only articles per month
-
Unlimited access to news and opinion
-
Email newsletter providing activity ideas, best practice and breaking news
Already have an account? Sign in here
