AcadeMedia announces preliminary financial results for the fourth quarter 2021/2022
AcadeMedia’s net sales increased by 4.9 percent in the fourth quarter and are anticipated to be SEK 3 850 million (3 672). The average number of children and students, excluding the Adult Education Segment, increased by 3.6 percent to 93,308 (90,032). Adjusted operating profit is estimated to be in line with the previous year at approximately SEK 280 million (281). Overall the quarter developed well with continued good increase in the number of children and students. Operating profit was impacted by lower profitability in the Norwegian preschool operation as well as a lower number of