the world’s biggest language school, increased its net earnings by almost
16% during its 4th quarter to 31st January. This was due to a large
increase in its international . In early trading on the BME (the Spanish stock exchange),
the shares rose by 79 cents.
Cybermansion is in the early stages of its programme. In December, it entered The North American market with the of an American language school chain, SpeakEasy. in other parts of the world, in particular Central and South America, has contributed to its profits. It has done well in Argentina and Mexico, having bought a in the Interlenguage chain last March.
Cybermansion has schools in Mexico, Peru and Chile, and has or franchises in Venezuela and Columbia.
In its market, Spain, it has opened more cyber-schools, which combine the technology of multi media and the internet with traditional classroom teaching. These cyber-schools are at customers who want to learn with technology, and who also look for personal contact with teachers and other students.
The school’s international is planning to add about 100 more schools to the 730 it already has worldwide. It will continue to be on the lookout for suitable acquisitions in markets.
In Spain, the company plans to add $1.2 million worth of the latest computer technology to its impressive modern of language schools.