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Occupancy levels rise

The UK's largest nursery chain says its occupancy levels are on the rise and staff turnover down. Releasing its latest financial results, Nord Anglia Education said that nursery occupancy was ahead of the same period for last year for the first time since the company bought the Leapfrog and Jigsaw day nurseries.

Releasing its latest financial results, Nord Anglia Education said that nursery occupancy was ahead of the same period for last year for the first time since the company bought the Leapfrog and Jigsaw day nurseries.

Nord Anglia acquired both nursery groups in May 2004 and subsequently rebranded its nursery division under the Leapfrog name. The group now operates 88 nurseries offering around 9,000 places.

Occupancy is currently at 60.5 per cent, up from 50.5 last September. In the six months to the end of February the nurseries division generated a turnover of 22m and an operating loss of 0.6m (0.1m profit in 2006).

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