AcadeMedia AB (FRA:V8T)
€ 5.42 -0.15 (-2.69%) Market Cap: 556.79 Mil Enterprise Value: 1.65 Bil PE Ratio: 10.43 PB Ratio: 1.05 GF Score: 89/100

Q2 2023 AcadeMedia AB Earnings Call Transcript

Feb 02, 2023 / 08:30AM GMT
Release Date Price: €4.49 (+6.10%)
Operator

Good morning, and welcome to the AcadeMedia Q2 2023 Earnings Conference Call. (Operator Instructions) Please note this event is being recorded.

I would now like to turn the conference over to Mr. Marcus Stromberg, CEO. Please go ahead.

Marcus StrÃ;mberg;publ;President;CEO
AcadeMedia AB

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So thank you very much, and good morning, everybody. And I will just give you some short introduction and then hand over to Katarina Wilson, and she will go through the quarter 2 report of AcadeMedia.

So if we look at Page #2 and look at AcadeMedia. So we have started this new year in a very good way. The demand is very high. We are now approaching 100,000 children in our schools, and we have had a continued strong demand. The number of students are up almost 6%. And if we look at the preschools, it's around 13%. And we are now running schools in 4 countries, and we have developed also the Compulsory Schools and the Upper Secondary in Germany through the acquisition of FAWZ.

And

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