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AcadeMedia AB ( (SE:ACAD) ) has provided an announcement.
AcadeMedia is expanding its presence in Germany by establishing over 500 new preschool places across seven new units, adding to its existing 103 preschools in the country. This expansion aligns with the company’s strategy of organic growth and addresses the significant demand for preschool places in Germany, where there is a shortage of around 300,000 places. This move not only helps meet an important societal need but also demonstrates AcadeMedia’s capability to grow sustainably and organically.
The most recent analyst rating on (SE:ACAD) stock is a Buy with a SEK105.00 price target. To see the full list of analyst forecasts on AcadeMedia AB stock, see the SE:ACAD Stock Forecast page.
More about AcadeMedia AB
AcadeMedia is Northern Europe’s largest education company, operating 900 preschools, compulsory schools, upper secondary schools, and adult education centers across Sweden, Norway, Germany, Finland, Netherlands, Poland, and the UK. With 23,500 employees, the company focuses on providing high-quality education to 213,500 children and students, aiming to help them achieve their full potential.
Average Trading Volume: 141,039
Technical Sentiment Signal: Buy
Current Market Cap: SEK9.74B
See more data about ACAD stock on TipRanks’ Stock Analysis page.