Brief: AcadeMedia Signs Contracts With The City Of Stockholm

AcadeMedia AB

22/11/2019 07:02

Nov 22 (Reuters) - AcadeMedia AB  ACADE.ST :
    * ACADEMEDIA IS AWARDED NEW CONTRACTS BY THE CITY OF
STOCKHOLM
    * CONTRACTS WERE AWARDED BASED ON CRITERIA RELATED TO
QUALITY AND
FIXED PRICES.
    * CONTRACT PERIOD IS FROM 1(ST) JULY 2020 UNTIL 30(TH) JUNE
2024
AT LATEST.
    * IF NEW CONTRACTS COME INTO PLACE, TURNOVER IS ESTIMATED TO
REMAIN IN LINE WITH PREVIOUS YEARS.
    * PRICE LEVELS IN NEW CONTRACTS ARE ON PAR WITH CURRENT
CONTRACTS,
EXCEPT FOR DISTANCE EDUCATION WHICH HAS 20 PERCENT LOWER PRICES.
    * ACADEMEDIA'S CURRENT CONTRACTS RUN UNTIL 30(TH) JUNE 2020.
    * CITY OF STOCKHOLM ESTIMATE TOTAL VALUE OF AGREEMENT TO
APPROXIMATELY SEK 2.4 BILLION OVER FOUR-YEAR CONTRACT PERIOD.

Source text for Eikon:  ID:nWkr1zYgPF 
Further company coverage:  ACADE.ST 

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