Brief: Sanoma's 2023 Outlook Unchanged

Sanoma Oyj

26/07/2023 06:38

July 26 (Reuters) - Sanoma Oyj  SANOMA.HE :
    * SANOMA CORPORATION, HALF-YEAR REPORT JANUARY-JUNE 2023:
NET
SALES GREW, OPERATIONAL EBIT SUPPORTED BY SOLID LEARNING
PERFORMANCE
    * OUTLOOK FOR 2023 (UNCHANGED)
    * IN 2023, SANOMA EXPECTS THAT GROUP'S REPORTED NET SALES
WILL BE
EUR 1.35‒1.4 BILLION (2022: 1.3)
    * GROUP'S 2023 OPERATIONAL EBIT EXCLUDING. PPA IS EXPECTED
TO BE
EUR 150−180 MILLION (2022: 189).
    * WE EXPECT SOLID DEVELOPMENT IN LEARNING DRIVEN BY SPAIN
AND
NETHERLANDS TO OFFSET UNCERTAINTY RELATED TO SECOND HALF
ADVERTISING SALES IN MEDIA FINLAND

Source text for Eikon:  ID:nGNE4g9xGK 
Further company coverage:  SANOMA.HE 

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