AcadeMedia announces preliminary financial results for the fourth quarter 2022/2023
AcadeMedia’s net sales increased by 9.0 percent in the fourth quarter and are anticipated to be SEK 4 200 million (3 851). The average number of children and students, excluding the Adult Education Segment, increased by 6.1 percent to 98,988 (93,308). Adjusted operating profit increased compared to previous year and is estimated to approximately SEK 330 million (279). Overall, the business has developed well with continued good growth in number of children and students, an effect of investments in vocational education, new campuses as well as international expansion. The international