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LONDON - Malvern International PLC reported mixed performance across its divisions in a trading update released Wednesday, with its Junior English Language Teaching (ELT) division now expected to fall short of previously forecasted revenue targets.
While the company’s Adult ELT and University Pathway divisions are trading in line with management expectations, the Junior ELT division will not reach the £7.5 million revenue level indicated in February’s trading update, according to the company statement.
The shortfall in the Junior ELT division, which generates most of its revenue in the second half of the year through summer schools, is attributed to lower conversion of bookings from China amid ongoing global trade disputes. However, the company noted growth in other regions, particularly Latin America and Turkey, following sales and marketing investments in these areas.
Malvern stated that flexible contracts for summer school accommodation and staffing are helping manage costs to minimize margin impact despite the lower-than-expected revenue growth in the Junior ELT division.
The company’s University Pathway division is seeing positive booking trends for the September 2025 intake across its expanded university portfolio. Malvern continues to pursue additional university pathway partnerships to further grow its network.
Despite the challenges in the Junior ELT segment, Malvern expressed confidence that the business will make "significant progress" this year, according to the trading update.
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