Moody's Says Nord Anglia Education's (NORD) FY16 Results Inline with Expectations; Affirms Ratings

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Go back to Moody's Says Nord Anglia Education's (NORD) FY16 Results Inline with Expectations; Affirms Ratings

Nord Anglia Education, Inc. Files 2016 Annual Report on Form 20-F

November 29, 2016 6:05 AM EST

HONG KONG, Nov. 29, 2016 /PRNewswire/ -- Nord Anglia Education, Inc. (NYSE: NORD), the world's leading premium schools organization, announced today that it has filed its 2016 Annual Report on Form 20-F with the U.S. Securities and Exchange Commission for the year ended August 31, 2016. The Annual Report on Form 20-F is now available on the Company's website at www.nordangliaeducation.com... More

Nord Anglia Education Reports Financial Results for the Fourth Quarter and Full Fiscal Year Ended August 31, 2016

November 29, 2016 6:00 AM EST

HONG KONG, Nov. 29, 2016 /PRNewswire/ -- Nord Anglia Education, Inc. (NYSE: NORD), the world's leading premium schools organization, today announced financial results for the fourth quarter and fiscal year ended August 31, 2016.

Fourth quarter fiscal 2016 highlights (compared to fourth quarter fiscal 2015)

Average full time equivalent students (FTEs) increased 47.3% to 35,292 Revenue increased 27.3% on a reported basis and 31.3% on a constant currency basis to $115.1 million Adjusted EBITDA increased to $6.7 million from a loss of $5.2 million in the prior year Adjusted Net Income improved 36.4% to a loss of... More