Profit boost for Academedia as operating profit rises almost 12 percent in second quarter

Operating profit rose to SEK 450 million, compared with SEK 402 million in the corresponding quarter a year earlier.

Net sales increased 4.1 percent to SEK 5.2 billion, while the operating margin increased to 8.6 percent, up from 8.0 percent a year earlier.

The operating margin shows how much of the company's revenue remains to cover interest and taxes after operating expenses are paid.