Nord Anglia Education (NORD) Tops Q4 Views
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Moody's Says Nord Anglia Education's (NORD) FY16 Results Inline with Expectations; Affirms Ratings
November 30, 2016 7:50 AM ESTMoody's Investors Service says Nord Anglia Education, Inc (NAE)(NYSE: NORD) reported results for the fiscal year ended August 2016 that were broadly in line with expectations and have no impact on its B1 corporate family rating (CFR) or negative rating outlook.
NAE reported FY2016 revenue growth of 49.4% year-on-year to $856 million, boosted by contributions from acquired schools, but adversely impacted by the depreciation of the RMB and the EUR against the USD.... More