AcadeMedia announces preliminary financial results for the fourth quarter 2023/2024
AcadeMedia’s net sales increased by about 15 percent in the fourth quarter, of which about 7 percent was organic, and are anticipated to be SEK 4,850 million (4,199). The average number of children and students, excluding the Adult Education Segment, increased by 10.6 percent to 109,510 (98,988). Adjusted operating profit increased just over 20 percent compared to previous year and is estimated to approximately SEK 410 million (333). The international business together with the Adult Education Segment constitute about 40 percent of AcadeMedias total net sales. In the fourth quarter,