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Article: Anhanguera: Net Revenue Growth of 53.3% and EBITDA Growth of 49.3% in the 2Q09.
- Article from:
- PR Newswire
- Article date:
- August 15, 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, Aug. 15 /PRNewswire-FirstCall/ -- Anhanguera Educacional Participacoes S.A. (Bovespa: AEDU11; Bloomberg: AEDU11:BZ) announced on Friday its results for the second quarter (2Q09).
2Q09 Highlights
-- Average Enrollment reached 264,0 thousand, a 87.0% growth over 2Q08;
-- Net Revenue totaled R$ 231.3 million, up to 53.3%;
-- EBITDA reached R$ 39.1 million in 2Q09, an increase of 49.3% versus
2Q08;
-- Adjusted Net Income in 1H09 was R$ 62.7 million, compared to R$ 52.3
million recorded in 1H08.
To access the full Earnings Release, visit the website http://www.unianhanguera.edu.br/ir.
2Q09 ...