SEB Records Strong Growth in 2Q08 and 6M08 (PR Newswire)

Friday August 15, 1:09 pm ET SAO PAULO, Brazil, Aug. 15 /PRNewswire-FirstCall/ -- SEB - Sistema Educacional Brasileiro S.A. (Bovespa: SEBB11), one of the largest and most recognized private-sector education companies in Brazil, with 45 years of experience in the market, announced its results yesterday for the second quarter of 2008 for the SEB Group, which is represented by the companies Sistema C.O.C. de Educacao e Comunicacao, UNICOC, Editora C.O.C., NAME, Sartre, Sociedade Educacional Mineira, Sociedade Educacional Goiania, Sociedade Educacional Vitoria, Sobrape, DBI Investimentos S.A., Itaigara Educacional, PL Empreendimentos Educacionais and CEAM. In less than one year since its IPO, SEB has practically doubled in size, reporting Net Revenue in 2Q08 of R$69.6 million, increasing 94.8% in relation to 2Q07. In the... [read full story]