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AcadeMedia AB (ACADE.ST)

ACADE.ST on Stockholm Stock Exchange

50.00SEK
19 Jul 2019
Change (% chg)

0.40kr (+0.81%)
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49.60kr
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49.50kr
Volume
31,387
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134,421
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55.90kr
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38.50kr

Latest Key Developments (Source: Significant Developments)

AcadeMedia Combines All Preschools Into One New Segment
Friday, 14 Jun 2019 

June 14 (Reuters) - AcadeMedia AB ::COMBINES ALL PRESCHOOLS IN ONE SEGMENT TO CAPITALISE ON GROWTH OPPORTUNITIES.ACADEMEDIA COMBINES ALL PRESCHOOLS IN ONE SEGMENT TO CAPITALISE ON GROWTH OPPORTUNITIES.PIPELINE INCLUDES AN ADDITIONAL 10-15 NEW OPENINGS PLANNED FOR FISCAL YEAR 2020/21.COMPULSORY SCHOOLS WILL BE A SEPARATE SEGMENT.ACADEMEDIA - REORGANISATION INCLUDES ALL PRESCHOOLS AND MEANS THAT ALL SWEDISH AND INTERNATIONAL PRESCHOOLS WILL BE COMBINED IN ONE NEW SEGMENT WHICH WILL INCLUDE ABOUT 250 PRESCHOOLS ACROSS SWEDEN, NORWAY AND GERMANY.ACADEMEDIA - SYNERGIES WILL PRIMARILY BE IN MANAGEMENT AND SUPPORT FUNCTIONS AND AMOUNT TO APPROXIMATELY SEK 5 MILLION IN 2019/20.CURRENT OUR PIPELINE INCLUDES AN ADDITIONAL 10-15 NEW OPENINGS PLANNED FOR FISCAL YEAR 2020/21.MEASURED OVER ROLLING 12 MONTHS, NET SALES OF NEW SEGMENT WILL AMOUNT TO APPROXIMATELY SEK 3.5 BILLION AND HAS AN ADJUSTED EBIT-MARGIN OF APPROXIMATELY 5 PERCENT.OVERALL GOAL IS TO ACHIEVE A HIGHER SALES GROWTH AND MARGIN.NEW PRESCHOOL SEGMENT PLANS TO OPEN 10-15 NEW PRESCHOOLS IN GERMANY IN YEAR 2019/20.  Full Article

AcadeMedia Q3 EBIT Up At SEK 231 Million
Tuesday, 7 May 2019 

May 7 (Reuters) - AcadeMedia AB ::Q3 NET SALES SEK 3.14 BILLION VERSUS SEK 2.97 BILLION YEAR AGO.Q3 EBIT SEK 231 MILLION VERSUS SEK 209 MILLION YEAR AGO.ENVISAGE A SHORT-TERM DOWNTURN IN EARNINGS IN NORWEGIAN OPERATION FOLLOWING THESE CHANGES.AFTER A TWO-YEAR ADJUSTMENT PERIOD THERE SHOULD BE FULL COST FLOW-THROUGH..  Full Article

AcadeMedia: Swedish National Agency For Education Demands Praktiska Sverige Shall Repay SEK 28 Million
Wednesday, 30 May 2018 

May 30 (Reuters) - ACADEMEDIA AB ::DEMAND FOR REPAYMENT OF STATE SUBSIDIES FROM PRAKTISKA RELATING TO TIME PRIOR TO ACQUISITION..SWEDISH NATIONAL AGENCY FOR EDUCATION NOW DEMANDS THAT PRAKTISKA SVERIGE AB SHALL REPAY SEK 28 MILLION.  Full Article

AcadeMedia Says Investigation Regarding Hermods Swedish Language Training (Sfi) For City Of Malmö Completed
Friday, 27 Apr 2018 

April 27 (Reuters) - ACADEMEDIA AB ::SAYS INVESTIGATION REGARDING HERMODS SWEDISH LANGUAGE TRAINING (SFI) FOR CITY OF MALMÖ COMPLETED.SAYS CONTINUES TO ESTIMATE THAT SIZE OF PRICE REDUCTION COULD BE MATERIAL BUT THIS WILL DEPEND ON VARIOUS FACTORS IN CONTRACT.SAYS HERMODS IN MALMÖ HAS SUBMITTED FAULTY INFORMATION REGARDING WHICH TEACHERS HAVE EDUCATED PARTICIPANTS AND THAT SEVERAL MANAGERS WERE AWARE OF THIS.  Full Article

AcadeMedia Says City Of Malmö Files Formal Police Report Regarding Unit
Friday, 13 Apr 2018 

April 13 (Reuters) - ACADEMEDIA AB ::POLICE REPORT AND DEMAND FOR PRICE REDUCTION DUE TO FAULTY REPORTING OF CONTRACTUAL OBLIGATION REGARDING CERTIFIED TEACHERS.SAYS CITY OF MALMÖ HAS NOW FILED FORMAL POLICE REPORT AND COMMUNICATED A DEMAND FOR PRICE REDUCTION DUE TO FAULTY REPORTING AND CLAIM OF AT LEAST SEK 4.7 MILLION IN PRICE REDUCTION.  Full Article

AcadeMedia: Administrative Court Confirms Allocation Decision For Professional And Preparatory Modules
Wednesday, 21 Mar 2018 

March 21 (Reuters) - ACADEMEDIA AB ::ADMINISTRATIVE COURT CONFIRMS THE ALLOCATION DECISION FOR PROFESSIONAL AND PREPARATORY MODULES - ACADEMEDIA IS ONE STEP CLOSER TO SIGNING CONTRACTS.SAYS ‍IS ONE STEP CLOSER TO SIGNING CONTRACTS WITH NATIONAL EMPLOYMENT AGENCY IN NEW CONTRACT AREA​.‍CONTRACT PERIOD IS TWO YEARS WITH OPTION FOR ANOTHER TWO YEARS.​.‍PROVIDED THAT DECISION IS NOT APPEALED, CONTRACT CAN EARLIEST BE SIGNED IN TEN DAYS​.‍EXPECT THAT CONTRACT WILL RUN WITH A SLIGHTLY LOWER TURNOVER COMPARED TO PREVIOUS CONTRACT​.‍IT IS ESTIMATED THAT ENTIRE ADULT SEGMENT'S EBIT MARGIN WILL DECREASE BY ONE TO THREE PERCENTAGE POINTS​.  Full Article

Academedia Q2 EBIT Up By 16.9 Percent Yoy
Thursday, 1 Feb 2018 

Feb 1 (Reuters) - Academedia Ab ::Q2 NET SALES INCREASED BY 12.2 PERCENT TO SEK 2,813 MILLION (2,508).Q2 EBIT INCREASED BY 16.9 PERCENT TO SEK 166 MILLION (142).Q2 NET PROFIT WAS SEK 116 MILLION (89) IN PERIOD..  Full Article

AcadeMedia Raises About SEK 410 Million In Rights Issue
Tuesday, 19 Dec 2017 

Dec 19 (Reuters) - Academedia Ab ::PRESS RELEASE - ACADEMEDIA'S RIGHTS ISSUE OVERSUBSCRIBED.‍THROUGH RIGHTS ISSUE ACADEMEDIA WILL RECEIVE APPROXIMATELY SEK 410 MILLION BEFORE ISSUE COSTS.​.  Full Article

AcadeMedia announces final terms of its rights issue
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - ACADEMEDIA AB ::ACADEMEDIA ANNOUNCES THE FINAL TERMS OF ITS RIGHTS ISSUE.RESOLVED ON A RIGHTS ISSUE OF APPROXIMATELY SEK 400 MILLION WITH PRE-EMPTIVE RIGHTS FOR EXISTING SHAREHOLDERS​.‍SUBSCRIPTION PERIOD RUNS FROM AND INCLUDING NOVEMBER 30, 2017, UP TO AND INCLUDING DECEMBER 14, 2017.​.‍SUBSCRIPTION PRICE IS SEK 39 PER NEW COMMON SHARE​.  Full Article

Carnegie: Marvin Holding no longer holds shares in AcadeMedia
Friday, 27 Oct 2017 

Oct 27(Reuters) - CARNEGIE: :MARVIN HOLDING LIMITED HAS SOLD 11,511,385 SHARES IN ACADEMEDIA AB <<>> AT A PRICE OF SEK 63 PER SHARE.FOLLOWING PLACING, MARVIN NO LONGER OWNS ANY SHARES IN ACADEMIA.  Full Article