Q4 2022 AcadeMedia AB Earnings Call Transcript

Aug 30, 2022 / 07:30AM GMT
Marcus StrÃmberg - AcadeMedia AB(publ)-President&CEO

So good morning, everybody, to this presentation of AcadeMedia reporting the full year from July 2021 to June 2022 and Q4 result. And with me today is Katarina Wilson, the CEO (sic) [CFO]. My name is Marcus Strömberg, I'm the CEO of AcadeMedia.

And this year is a year where we had invested a lot in Swedish Education. I think we have never invested so much in Swedish Education as in this year. We have started 2 new campuses with over 4,000 places in central Stockholm, which we believe will be a road mark in Stockholm for many, many years ahead. We have also invested a lot in vocational training and also in some Compulsory School with over 1,000 students each.

So the year we have behind has been a fantastic year with a lot of investment. And we also see the results because we have never seen such an interest in our school as we have seen this year. The number of students is up 5%, and we are over 95,000 children and students in our different schools.

This

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