Sweden · Delayed Price · Currency is SEK AcadeMedia AB Earnings Call Transcripts
Fiscal Year 2026
-
Q3 saw 6.6% year-over-year growth, driven by international expansion and acquisitions. Adjusted EBITA margin rose to 8.2%, with strong cash flow and low leverage. Adult education and vocational programs remain growth drivers, while legislative changes in Sweden pose manageable risks.
-
Q2 saw stable growth with revenue up 4.1% year-over-year and adjusted EBITDA margin rising to 6.6%. International and adult education segments drove performance, supported by acquisitions and increased vocational education allocations. Leverage remains low, and outlook is positive for 2026.
-
Q1 saw 6.7% sales growth, improved adjusted EBITA margin, and strong cash flow, with robust student numbers and international expansion. Margins are expected to remain stable or improve, despite regulatory and cost headwinds.
Fiscal Year 2025
-
Strong growth and margin improvements were achieved across all segments, with international expansion and acquisitions driving results. High unemployment supports adult education, while ongoing political inquiries in Sweden present regulatory uncertainty.
-
Strong year-over-year growth in revenue and profitability, driven by international expansion and acquisitions. Margins improved across most segments, with stable financial position and secured long-term financing to support further growth.
-
Strong organic and total growth were driven by international expansion and robust adult education demand. Margins improved across all segments, aided by retroactive revenues and acquisitions, though future margin gains depend on salary trends and inflation. International operations and adult education remain key growth drivers.
-
Q1 saw 12% revenue growth, driven by acquisitions and strong international expansion, with adjusted profit up and margins mixed across segments. Management expects normalization of seasonal effects and continued investment in quality and international growth.
Fiscal Year 2024
-
Q4 saw over 15% sales growth, driven by international expansion and acquisitions, with improved margins and strong cash flow. The outlook remains positive, with sustainable margins expected and continued focus on growth in Germany and the Netherlands.