Anhanguera Reports Enrollment of More Than 300 Thousand Students and EBITDA of R$ 61.6 Million in 3Q10
VALINHOS, Brazil, Nov. 3, 2010 /PRNewswire-FirstCall/ -- Anhanguera Educacional Participacoes S.A. (BM&FBOVESPA: AEDU11; Bloomberg: AEDU11:BZ) announces today its results for the third quarter of 2010 (3Q10).
3Q10 Highlights
- Mid-year student recruiting up 38% and improved retention by 3.3 p.p. drive total enrollment to more than 300 thousand students;
- Net revenue of R$ 251.7 million, with 18.3% growth in Campuses and 31.1% growth in Learning Centers;
- EBITDA of R$ 61.6 million in 3Q10, with a 24.5% margin.
To access the full Earnings Release, visit the website www.unianhanguera.edu.br/ir.
3Q10 Results Conference Call |
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English Conference Call November 3, 2010 10:00 a.m. (US EST) 12:00 p.m. (Brasilia Time) Phone USA: +1 (412) 317-6776 Code: Anhanguera Replay: +1 (412) 317-0088 Replay Code: 445897# |
Portuguese Conference Call November 3, 2010 12:00 p.m. (US EST) 02:00 p.m. (Brasilia Time) Phone: +55 (11) 3301-3000 Code: Anhanguera Replay: +55 (11) 3127-4999 Replay Code: 46928943 |
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About Anhanguera Educacional Participacoes S.A.
Anhanguera Educacional Participacoes S.A. is the largest private for-profit education institution in Brazil, with over 550 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, health and other applied social sciences, as well as graduate and extension programs. The majority of its students are young adults from the middle and lower middle income segments who work during the day and study at night, a segment not fully served by education institutions in Brazil. The Company is committed to offering high-quality education to help these young workers attain the educational qualifications required by the labor market and improve their prospects for career development. Anhanguera Educacional is listed on the Novo Mercado special corporate governance segment of the BM&FBovespa S.A. - Securities, Commodities and Futures Exchange and trades under the symbol "AEDU11."
For further information, please contact the Investor Relations Department: |
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Jose Augusto Teixeira - Chief Planning Officer and Investor Relations Officer |
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Phone: +55 (19) 3512-1799 |
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E-mail: [email protected] |
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SOURCE Anhanguera Educacional Participacoes S.A.
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