Anhanguera reports 36.6% growth in EBITDA and 172.6% in Operating Cash Generation in 2Q10
VALINHOS, Brazil, Aug. 16 /PRNewswire-FirstCall/ -- Anhanguera Educacional Participacoes S.A. (BM&FBOVESPA: AEDU11; Bloomberg: AEDU11:BZ) announces today its results for the second quarter of 2010 (2Q10).
2Q10 Highlights
- Average Enrollment reached 292.9 thousand, a 10.9% growth over 2Q09;
- Net Revenue totaled R$ 250.2 million, up 8.2% quarter-over-quarter;
- EBITDA reached R$ 53.4 million in 2Q10 and R$125.4 million in 1H10, 36.6% growth on 2Q09 and 20.2% on 1H09;
- Adjusted Net Income totaled R$ 29.2 million in 2Q10 and R$80.7 million in 1H10, for 24.3% growth over 2Q09 and 12.7% over 1H09.
To access the full Earnings Release, visit the website www.unianhanguera.edu.br/ir.
2Q10 Results Conference Call
English Conference Call |
Portuguese Conference Call |
|
August 16, 2010 |
August 16, 2010 |
|
10:00 a.m. (US EST) |
01:00 p.m. (US EST) |
|
11:00 a.m. (Brasilia Time) |
02:00 p.m. (Brasilia Time) |
|
Phone USA: +1 (412) 858-4600 |
Phone: +55 (11) 2188-0155 |
|
Code: Anhanguera |
Code: Anhanguera |
|
Replay: |
Replay: |
|
+1 (412) 317-0088 |
+55 (11) 2188-0155 |
|
Replay Code: 443512# |
Replay Code: Anhanguera |
|
About Anhanguera Educacional Participacoes S.A.
Anhanguera Educacional Participacoes S.A. is the largest private for-profit education institution in Brazil, with over 500 locations in all Brazilian states and the Federal District, offering more than 90 undergraduate and associate degree programs in the fields of business administration, law, engineering, IT, health and other applied social sciences, as well as graduate and extension. Anhanguera Educacional is listed under Level 2 of the Sao Paulo Stock Exchange (BM&FBOVESPA) and trades under the symbol AEDU11.
For further information, please contact the Investor Relations Department: |
|
Jose Augusto Teixeira - Chief Planning Officer and Investor Relations Officer |
|
Phone: +55 (19) 3512-1799 |
|
E-mail: [email protected] |
|
SOURCE Anhanguera Educacional Participacoes S.A.
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article