Q1 2020 AcadeMedia AB Earnings Call Transcript
Hello, ladies and gentlemen, and welcome to the AcadeMedia Q1 2019/2020 report. (Operator Instructions) So today, I'm pleased to present CEO, Marcus Strömberg; and CFO, Eola Runsten. Please begin.
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Good morning. Thank you very much for your time. And we will now -- Eola and I have -- go through the interim report for our first quarter, and I have also with me our new CFO, Katarina Wilson.
And this first quarter is a small quarter in AcadeMedia, but it's an important quarter. It's about how we start this school year, how everything has developed. And I think we have started this new year in a very positive way.
And I will start on Page #3. And now we're a few months into the New Year. And we have started a lot of new schools. And we have, of course, focused on Germany, but we have also started schools on the upper secondary level in Sweden. So it's 12 new schools and organic growth -- and just organic growth is almost 7%
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