Brief: Sanoma's 2023 Outlook Narrowed

Sanoma Oyj

26/10/2023 06:55

Oct 26 (Reuters) - Sanoma Oyj  SANOMA.HE :
    * INTERIM REPORT 1 JANUARY‒30 SEPTEMBER 2023: SOLID GROWTH
IN NET
SALES AND OPERATIONAL EBIT IN LEARNING
    * OUTLOOK FOR 2023 (NARROWED)
    * OUTLOOK 2023: EXPECTS THAT ADVERTISING MARKET IN FINLAND
WILL
DECLINE SLIGHTLY IN FOURTH QUARTER
    * OUTLOOK 2023: EXPECTS THAT ECONOMIES IN GROUP'S OPERATING
COUNTRIES, PARTICULARLY IN FINLAND, WILL CONTINUE TO EXPERIENCE
A MILD RECESSION
    * SUPPORTED BY PROGRAM SOLAR, LEARNING'S OPERATIONAL EBIT
MARGIN
EXCLUDING. PPA IS EXPECTED TO REACH ITS LONG-TERM TARGET LEVEL
IN 2026
    * EXPECTS MEDIA FINLAND'S FULL YEAR EARNINGS TO MEET
EXPECTATIONS
INDICATED EARLIER

Source text for Eikon:  ID:nGNE97lFB8 
Further company coverage:  SANOMA.HE 

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