Kroton Educacional : Material Fact - Guidance 2016
May 12, 2016 at 08:08 am EDT
Share
MATERIAL FACT
Belo Horizonte, May 12, 2016 - Kroton Educacional S.A. (BM&FBovespa: KROT3) ('Company'), in accordance with Instruction 358/02 ('CVM Instruction 358'), as amended, issued by the Brazilian Securities and Exchange Commission ('CVM') hereby informs its shareholders the financial guidance for 2016 ('Guidance'). The Guidance was based on premises established during the Company's budget management process.
To access the full Material Fact, please, click here.
For more information, please contact our investor relations department:
Carlos Lazar - Director
Carolina Igi - Coordinator
Pedro Gomes - Coordinator
Kroton Educacional SA published this content on 12 May 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 12 May 2016 12:07:05 UTC.
Original documenthttp://ri.kroton.com.br/kroton2010/web/conteudo_en.asp?idioma=1&tipo=32840&conta=44&id=225710
Public permalinkhttp://www.publicnow.com/view/E02F6F501FA667C54B43D11EA70D0C74B5556E12
Cogna Educacao SA, formerly Kroton Educacional SA, is a Brazil-based company active in the private education sector. The Company focuses on developing primary and secondary schools, post-secondary and undergraduate programs, as well as vocational courses. The Company's activities are divided into three business segments: In-class higher education, which offers port-secondary programs on campus; Distance learning higher education (EAD), which provides port-secondary programs via online platform, and Basic education, which includes own and managed primary schools, collection and development of teaching materials, school management advisory, as well as educational support tools, among others. The Company operates a number of brand names, such as Anhanguera, Fama, Pitagoras, Unic, Unime and Unopar. In addition, it is involved in the wholesale, retail, distribution, import and export of textbooks, course books, magazines and other publications related to education.