AcadeMedia AB (publ) (ACAD) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

So thank you very much and good morning to this report of Academedia first quarter. And the first quarter, it is a small quarter, but it is an important quarter in Academedia. And we are very pleased with the results of the first quarter when we look at our numbers. A lot of students have attended our different schools. And I will just start to make some updates and then I will hand over to Petrus Jolvan and he will continue to go through the numbers. And if you first look at the net sales, it's around 7% up and most of it, it's organic. And what we look a lot of is the number of students. And last year it was 7% up and we continue with a good growth of 3.5%. And most of all, we are very pleased with the development when it comes to upper secondary where we have a record result when it comes to number of students. And we also have this focus on quality and to act early. So the focus on the reading, the focus on quality has also resulted in these good numbers. And we also have a proposal to the General Assembly of the Annual General Meeting from the Board of Directors to make this continue with this voluntary share redemption programs of totally maximum 400 million Swedish crowns. We have also revised our financial targets. It's very small changes, but I will update you on that in a few slides. So please continue. And this is something that we are really, really satisfied to talk more about. And it's our focus on reading. And we have always had a lot of focus on this, but we have really increased our efforts. We have trained teachers, we have a lot of collaboration with different parts to improve the reading in early ages. And if we look at this number, this is a way to look how many of our students in year one is available to read according to the school authorities ...