Q2 2022 AcadeMedia AB Earnings Call Transcript

Mar 02, 2024

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Feb 01, 2022 / 08:30AM GMT
Operator

Welcome to the AcadeMedia Audiocast with Teleconference Q2 2021-2022. (Operator Instructions) Today, I am pleased to present CEO, Marcus StrÃ¶mberg; and CFO, Katarina Wilson. Speakers, please begin.

Marcus StrÃ¶mberg - AcadeMedia AB(publ)-President&CEO

So thank you very much, and good morning, everybody. Marcus StrÃ¶mberg 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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