Internationella Engelska Skolan receives permission to offer international education in Skellefteå
Skolinspektion (the Swedish Schools Inspectorate) has granted Internationella Engelska Skolan (IES) permission to start an international school offering a curriculum from Cambridge Assessment in Skellefteå. Since August 2019, IES has run an F-9 school in Skellefteå for about 250 students, which was opened in close cooperation with the municipality and the business community. The international school is planned to start in the autumn of 2020 alongside the existing operations in the same school building.
Cecilia Marlow interim CEO of IES said: “We are very pleased to contribute further to the development of Skellefteå and to make it easier for companies in the municipality to attract international staff, as internationally recognised education is now also available locally. There are many municipalities and companies that need to attract an international workforce, and we will be in close dialogue with these, as we evaluate the possibility for more of our schools to offer education according to an international curriculum."
For more information for the media and investors, please contact:
Emma Rheborg, Head of Communications and IR, IES
Phone: 0768 511 540
Email: emma.rheborg@engelska.se
For parents looking for admission information, please contact:
Email: info@engelska.se
Website: www.engelska.se
The information was submitted, for publication by the above contact person, for publication on 18 October 2019 at 10.30 CEST.
About Internationella Engelska Skolan
Internationella Engelska Skolan, IES, is one of the leading free school operators in Sweden with some 26,800 students at 37 schools, and about 2,500 students at its schools in Spain.
IES Sweden conducts school operations from “förskoleklass” (grade F) up to the third and final year of upper secondary school (grade 12). Its main focus is grades 4-9, what is often called “middle school.” Within the compulsory school system in Sweden, IES is the leading independent operator, with 17 of the 20 largest free schools. The academic results of IES schools on the national tests in grade 9 are far above average in Sweden.
Internationella Engelska Skolan was founded in 1993 and is in its 27th year of operation. Throughout this period, its schools have been defined by the three core convictions of its founder, Mrs. Barbara Bergström:
A safe and orderly environment, where teachers can teach and students learn.
To command the English language − the key to the world.
High academic expectations and aspirations.
Up to half of teaching is conducted in English by teachers whose native language is English. Over 800 teachers with qualified foreign teaching degrees are currently teaching in IES schools. They are mainly recruited from Canada, the USA, the UK and South Africa.
The IES student base is growing strongly. Over the past ten years, total operating income has increased by an average of 19% per year. In the most recent financial year 2018/19, which concluded on 30 June 2019, total operating income was MSEK 2,781.1, an increase of some 18% year on year. As of 30 June 2019, there were approximately 191,700 applications in the queue to secure a place in the Swedish schools for the current and forthcoming years.
Internationella Engelska Skolan has been listed on Nasdaq Stockholm Mid Cap, with the ticker ENG, since 2016.
The largest (indirect) shareholders of IES are TA Associates of the US, which has close affiliations to leading universities and trusts in the US, Barbara Bergström, the founder of IES, and Paradigm Capital AG through different funds. At the end of September 2019, the 10 largest shareholders also included Swedbank Robur fonder and AMF Försäkring & Fonder (owned jointly by LO, the Swedish Trade Union Confederation and the Confederation of Swedish Enterprise).
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