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

Q1 2024 AcadeMedia AB Earnings Call Transcript

Oct 25, 2023 / 07:30AM GMT
Release Date Price: €3.85 (-5.41%)
Operator

Welcome to the AcadeMedia Q1 2023. (Operator Instructions) Now I will hand the conference over to the speaker CEO, Marcus Strömberg; and Deputy CEO and COO, Katarina Wilson. Please go ahead.

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

¶ - ()-&

So good morning, everybody, and welcome to this Q1 interim report from AcadeMedia that also represents the new school year for us. And I will just start to make some initial remarks, and then I will hand over to Katarina to go through the numbers.

And this school year has started, in fact, in a very good way. And what is very positive is the organic of the company. So we have continued to grow more than 5% when it comes to students, and we have also had an organic growth of more than 6%. And this gives us a turnover growth of more than 10%.

And of course, we have invested a lot in organic growth and we have also developed our campuses. We have built one unique position when it comes to vocational training, both at Upper Secondary

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot