Page 15 - Mellby Gård Yearbook 2018–2019

“We have good development in municipal adult education and tertiary vocational programmes. However, the year was unfortunately pervaded by the restructuring of the Swedish Public Employment Service. When our agreements expire, we will be able to adapt
the operations to demand. At the same time, we are prepared for expansion when demand returns”, says Marcus Strömberg.
Despite the year’s challenges, AcadeMedia faces a bright future. In Sweden, the demographic trend with an increasing number of children at preschool, school, and upper-secondary school will be favorable.
In Europe, the need for preschools is growing alongside increasing equality between men and women in terms of labour. Several countries are interested in the Swedish model of school vouchers for elementary and upper-secondary education.
MD Marcus Strömberg
” In the Nordic region, we have developed a world-leading preschool model based on a combination of learning and care.
FACTS
AcadeMedia is Northern Europe’s largest education company and has been listed on the Mid Cap list of the Nasdaq Stockholm exchange since 2016. AcadeMedia operated 255 preschools in Sweden, Norway and Germany in 2018/2019, and 109 elementary schools and 143 upper-secondary schools in Sweden. It also operates adult education schools in some 150 locations in Sweden. The operations encompass approximately 180,000 preschool children, school students and adult students. Mellby Gård is AcadeMedia’s principal shareholder, holding 21 percent of the shares.
AcadeMedia has been an associated company in the Mellby Gård portfolio since 2017.
Mellby Gård’s representatives on the Board of Directors: Anders Bülow (Chairman) and Johan Andersson.
Headquarters:.......................................................Stockholm Sales 2018/2019: ........................................ SEK 11,715 million Number of employees:................................................ 16,900 Chairman: ........................................................ Anders Bülow
SIGNIFICANT EVENTS 2018/2019
» Strong growth in the upper-secondary segment as a result of the Vindora acquisition in autumn 2017 and the apprenticeship initiative.
» The German operations experienced very strong organic growth with nine new preschools. The growth will continue at a rate of ten to fifteen new units per year.
» A somewhat more stable political framework in Sweden with the January agreement determining parliamentary support for the minority coalition government.
» Parts of the adult education operations working for the Swedish Public Employment Service struggled, resulting in restructuring.
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