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Article: Anhanguera Reports Net Revenue Growth of 70.5% and EBITDA Growth of 46.7% in 1Q09.
- Article from:
- PR Newswire
- Article date:
- May 18, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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VALINHOS, Brazil, May 18 /PRNewswire-FirstCall/ -- Anhanguera Educacional Participacoes S.A. (Bovespa: AEDU11; Bloomberg: AEDU11:BZ) announces today its results for the first quarter (1Q09).
1Q09 Highlights
-- Average Enrollment reached 252.1 thousand, a 92.4% growth over 1Q08;
-- Net Revenue totaled R$ 242.8 million, up to 70.5%;
-- EBITDA reached R$ 65.2 million in 1Q09, an increase of 46.7% versus 1Q08;
-- Adjusted Net Income in 1Q09 was R$ 45.5 million, compared to R$ 32.3 million recorded in 1Q08.
To access the full Earnings Release, visit the website http://www.unianhanguera.edu.br/ir.
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