AcadeMedia AB (publ) (ACAD) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

So good morning everybody and welcome to this presentation of Academedia Q2 result and I will take the presentation together with Petter Sylvan and I will start with a few remarks and the second quarter we think it's a very stable solid quarter and in line with our strategy The Q2 quarter is usually a quarter where nothing so much happens, but we think that this quarter has been really, really good. And if we look at the sales, it has been affected by FX effects because of the changes in currency, but the growth is around 5.5% if you adjust it for FX effect. And the EBIT is developing stable and good in all our segments. But the real driver behind this is the international group and adult education. And if you look at adult education, we also have a very good result when it comes to the We have strengthened our position when it comes to higher vocational education and we increased the market share and just this vocational education is very important for us. We think that is a positive step and we keep and improve our market shares. And we have also continued to make acquisitions. We have a very solid and stable balance sheet, so we made an acquisition of a group in Germany and we also announced this morning that we make an acquisition in in Finland with the Bolton acquisition of a group of English-speaking preschools in Finland and we think that is very positive and we have had a very tough time in the recent years when it comes to the increase of voucher and decrease of cost because of inflation and post effects of the inflation but when we look at 2026 we think it's very positive that now the school voucher is up 3.4 percent And that is a little bit higher than the salary increase. And if we look at the lease contracts, it's more than double up. So that is also fin...