Laureate Education Inc (FRA:LA3A)
€ 17.3 -0.1 (-0.57%) Market Cap: 2.67 Bil Enterprise Value: 3.02 Bil PE Ratio: 11.85 PB Ratio: 3.14 GF Score: 81/100

Laureate Education Inc at Stifel Cross Sector Insight Conference Transcript

Jun 11, 2019 / 02:20PM GMT
Release Date Price: €14.45 (-3.54%)
Shlomo Rosenbaum
Stifel Nicolaus - Analyst

Thank you, everybody, for joining us this morning. I'm Shlomo Rosenbaum, business services analyst with Stifel. And I want to thank JJ, CFO of Laureate, for joining us this morning for our fireside chat.

I'm going to just ask JJ to give us a brief overview of Laureate. And then we are going to kind of go through Q&A questions, and I highly encourage anybody who has any questions to throw them out.

JJ, why don't you give us a quick overview?

JJ Charhon
Laureate Education, Inc. - EVP and CFO

Great. Thank you, Shlomo. So just a couple of minutes. Laureate Education was founded in 1999 and is the largest network of higher education institutions really in emerging markets.

The Company went through a period of exclusive growth, then went back into an LBO in 2007 and has gone back and became a public company in 2017. Since then we have gone on a restructuring of our portfolio, focusing mostly on our Latin American market, and using some of our asset sales as a way of reducing our leverage,

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