ACADIA Pharmaceuticals Inc. Price & Performance (ACAD)

We have a lot of activities and we see positive development And we have also launched a fantastic books that is called ABC books that helps children to read. And in fact, I've got all the books on my desk in my office, and I can really recommend them. And we see also very positive development when it comes to the international [indiscernible] It has increased the profitability. And we are very proud that we are part of really improving Germany with childcare. And it was an article in Financial Times recently talking about this. And we can really say that it's truly important for the German government to improve the number of childcare places. And Academia, we will soon have our Preschool 100 in Germany. That is what very positive for us. The school voucher is, of course, important. We see positive [indiscernible] [indiscernible] It's compensated for the inflation and we have the the most of the inflation behind us even if the numbers that was reported in Sweden today was a little bit higher than expected, we think that the school voucher will reflect the inflation and give us a stable foundation when it comes to develop the company.

And also, when we look at the other verification, we have worked with the vocational training for many, many years. And we now can see the results. And the development adbotic application, and we see that the unemployment rate rate in Sweden is increasing a little bit and that is why more people go to upper secondary go to vocational training programs when it comes to the adult education. And then if we just comment also a little bit more on the quality development of the company. This has really been key for AcadeMedia for many, many years. And we just reported our thirteenth quality report But if we don't look at just our internal quality surveys, if we look at what does the authority says, what does the school inspection say about what we what we do. And we can say that AcadeMedia, they have performed really, really good. If we compare with the public schools, with the other independent schools. We have really top quality when it comes to the service and investigations that the school inspection is doing. And then also if we look at the grades, and that has also been key because we have a little different system if you compare with other European countries in Sweden.

So we really had top line results when it comes to giving the right degrees, and this has been something that has been discussed in media a lot in Sweden. And if we look and compare with the other municipality schools and the natural average AcadeMedia is really now performing really, really well. And then when we look at the adult education, and we see what we do when it comes to vocational programs, We also have very good results if we compare with the natural average We train people to the right jobs, and they get jobs And when it comes to times with high unemployment rate, it's really important to have the right education, and to deliver good result and good payback to the society. So the overall picture when comes to quality in AcadeMedia perform very well, and we perform very well when we compare with the natural average [indiscernible] [indiscernible] Then if we look at the financial development in the company, it's, of course, important to talk about the future.