Brief: AcadeMedia Grows Number Of Children And Students By About 5% Organically

AcadeMedia AB

04/09/2020 07:09

Sept 4 (Reuters) - AcadeMedia AB  ACADE.ST :
    * ACADEMEDIA GROWS THE NUMBER OF CHILDREN AND STUDENTS BY
APPROXIMATELY FIVE PERCENT ORGANICALLY
    * EARLY MEASUREMENTS INDICATE THAT AVERAGE NUMBER OF
CHILDREN AND
STUDENTS AT ACADEMEDIA'S PRESCHOOLS AND SCHOOLS WILL REACH JUST
OVER 85,500 (81,468) DURING Q1
    * GROWTH IN ALL THREE SEGMENTS IS PURELY ORGANIC.
    * DURING FISCAL YEAR 2020/21 ADDITIONAL 10-15 NEW UNITS WITH
ABOUT
1,050 PRESCHOOL PLACES WILL OPEN IN GERMANY, OF WHICH ONE UNIT
OPENED DURING Q1
    * EARLY MEASUREMENTS SHOW THAT AVERAGE NUMBER OF CHILDREN IS
EXPECTED TO INCREASE BY APPROXIMATELY THREE PERCENT TO JUST OVER
20,600 CHILDREN (20,015) IN Q1 COMPARED TO SAME PERIOD LAST YEAR

Source text for Eikon:  ID:nWkr5TNg6k 
Further company coverage:  ACADE.ST 

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