AcadeMedia continuously works to contribute to society and strives to build sustainability by providing an excellent education for all, using resources responsibly and an having an ethical approach to everything we do. See our sustainability report (part of our annual report, beginning on page 26). Together with our stakeholders, we have chosen to focus on teaching, employees, environment and transparency.
AcadeMedia's overarching goal is to deliver the best educational quality of the areas in which the company operates. This quality is also the key to reaching the financial goals.
AcadeMedia's goal is that revenue growth should amount to 5-7 percent per year, excluding major acquisitions. The corporate group aims to grow organically with the help of free capacity in existing units and through start-ups of new units. The company also intends to continue growing through the take-over of educational units as well as continued consolidation of the market via acquisitions.
AcadeMedia's has a profitability goal for operating profit (EBIT), excluding items affecting comparability, that over time it should amount to 7 to 8 percent of turnover.
AcadeMedia aims to have a net interest-bearing debt in relation to operating profit before depreciation (EBITDA) excluding items affecting comparability of a maximum of three times. However, during shorter periods deviations from this target may occur, for instance when major acquisitions are made.
AcadeMedia's primary responsibility is to provide an excellent education for the compensation received. We endeavor to do this in the most efficient and effective way possible. AcadeMedia's free cash flow will primarily be reinvested in the business to maintain high quality levels and to fund growth. Any surplus will be distributed to the shareholders once AcadeMedia's quality and financial goals are met.
AcadeMedia’s main contribution to a sustainable society is our core business – good education for all (the UN’s 4th global goal).