AcadeMedia AB (OSTO:ACAD)
kr 63.4 -1.7 (-2.61%) Market Cap: 6.43 Bil Enterprise Value: 19.09 Bil PE Ratio: 10.11 PB Ratio: 1.02 GF Score: 67/100

Q1 2022 AcadeMedia AB Earnings Call Transcript

Oct 29, 2021 / 07:30AM GMT
Release Date Price: kr61.5 (+6.03%)
Operator

Welcome to the AcadeMedia Audiocast with Teleconference Q1 2021-2022. (Operator Instructions). Today, I'm pleased to present CEO, Marcus Strömberg; and CFO, Katarina Wilson. Speakers, please begin.

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

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So good morning, everybody, and welcome to this presentation of AcadeMedia's first quarter. And I will just start to make a short introduction and then hand over to Katarina.

And as you see, and it has also been announced in the report, we had a very good start of our new fiscal year. A lot of students have entered our different schools. And I must say that we have the highest demand ever when it comes to our schools. And the increase in Upper Secondary has been really fantastic. The number of children and students increased with 6.8%. And what is also interesting now that we start to go back to more normal situation in Germany. And the demand of new places in Germany is still very high. We increased the number of new starts. We

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