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An update from Lumi Gruppen AS ( (DE:8KS) ) is now available.
Lumi Gruppen AS announced an expected significant increase in operating profit for 2024 compared to 2023, driven by revenue growth and operational efficiencies. Anticipated improvements are due to stable contributions from education services, reduced credit losses, and cost-efficiency measures, including reduced campus operating expenses, indicating a positive impact on its financial health and market positioning.
More about Lumi Gruppen AS
Lumi Gruppen is a prominent Norwegian education provider established in 1989, comprising two main divisions: Sonans, a market leader in private candidate exam preparation courses, and Oslo Nye Høyskole, which offers bachelor’s degrees in health, social sciences, psychology, business, and administration both on-campus and online.
YTD Price Performance: 8.49%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €76.61M
See more data about 8KS stock on TipRanks’ Stock Analysis page.