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

Q2 2022 AcadeMedia AB Earnings Call Transcript

Feb 01, 2022 / 08:30AM GMT
Release Date Price: kr57 (+6.34%)
Operator

Welcome to the AcadeMedia Audiocast with Teleconference Q2 2021-2022. (Operator Instructions) Today, I am 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 thank you very much, and good morning, everybody. Marcus Strömberg here, and I will just give you a short CEO introduction, and then I will hand over to Katarina, our CFO, that will bring you through our quarter 2 report.

So to -- just to sum up this first 6 months of our school year, the development in the company is still very strong, and it's a strong demand. We have a revenue growth of 10%, the number of students increased with 7.5%, and the underlying organic growth was 6%. Of course, this is very good to hear. And we also have a good development when it comes to the adult education and vocational programs.

We have had a quarter with high infection among the staff. It has been really a lot of trouble to arrange the

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