AcadeMedia’s interim report July - December 2016
Second quarter (October 2016 – December 2016) · Net sales increased by 12.0 percent to SEK 2,508 million (2,239). · Operating profit (EBIT) increased by 57.8 percent to SEK 142 million (90). Adjusted for non-recurring items, operating profit was SEK 142 million (97). · Net profit for the period was SEK 89 million (48). · Cash flow from operating activities amounted to SEK 260 million (267). · The average number of children and students in preschool, compulsory school and upper secondary school during the quarter was 65,633 (62,443), which was an increase of 5.1 percent. ·