Internationella Engelska Skolan 2018/2019 Q1 Interim Report (1 July – 30 September 2018)
Progress of operations in the quarter (July-September) · Note that comparisons of total operating income, EBIT and profit for the quarter with the corresponding period of the previous year should allow for the fact that as a consequence of the adoption of IFRS 15, a revenue item in Sweden of MSEK 10.9 will not be recognized until in Q2 in the current year, while the corresponding revenue item in the previous year of MSEK 10.4 was recognized in Q1. · Total operating income increased by 13.2% year on year, mainly due to a larger student base in Sweden and acquisitions in Spain at the