BFAM - Mayar Capital - Bright Horizons Family Solutions: Strong 'Post-Pandemic' Profitability Ahead
2024-04-21 08:05:00 ET
Summary
- Bright Horizons demonstrated a strong track record of profitability and robust returns on invested capital before the COVID-19 pandemic.
- Despite the formidable challenges posed by the pandemic, Bright Horizons is gradually rebounding.
- Looking ahead, Bright Horizons should experience a period of strong revenue growth and improved profitability.
The following segment was excerpted from this fund letter.
Bright Horizons Family Solutions Inc. ( BFAM )
Founded in 1986 by Roger Brown and Linda Mason, Bright Horizons has grown into a leading child care provider in the United States. From its initial two centers in Boston and Cambridge, the company has expanded across the country and internationally to the United Kingdom and Australia, and now operates over one thousand centers with annual revenue approaching $2.5 billion....
Mayar Capital - Bright Horizons Family Solutions: Strong 'Post-Pandemic' Profitability Ahead