Brief: Sanoma Expects 2024 Reported Net Sales At EUR 1.32‒1.34 Billion

Sanoma Oyj

31/10/2024 06:37

Oct 31 (Reuters) - Sanoma Oyj  SANOMA.HE :
    * IN 2024, SANOMA EXPECTS THAT GROUP'S REPORTED NET SALES
WILL BE
EUR 1.32‒1.34 BILLION (2023: 1.4)
    * GROUP'S OPERATIONAL EBIT EXCLUDING. PPA IS EXPECTED TO BE
EUR
170−180 MILLION (2023: 175) IN 2024
    * WE HAD A SOLID Q3 IN BOTH LEARNING AND MEDIA FINLAND
    * WE ARE SATISFIED WITH EARNINGS DEVELOPMENT IN LEARNING AND
CONTINUE TO EXPECT A STABLE MARGIN FOR FULL YEAR 2024 COMPARED
TO 2023
    * IN MEDIA FINLAND, GOOD DEVELOPMENT IN BOTH DIGITAL
SUBSCRIPTION
AND ADVERTISING SALES CONTINUED
    * WE CONTINUE TO EXPECT ADVERTISING MARKET IN FINLAND TO
DECLINE
SLIGHTLY FOR FULL YEAR 2024
    * FOLLOWING OUR SOLID PERFORMANCE IN JANUARY-SEPTEMBER, WE
HAVE
NARROWED RANGES IN OUR OUTLOOK FOR 2024 TO UPPER END OF ORIGINAL
RANGES

Source text:  ID:nGNE66fJTH 
Further company coverage:  SANOMA.HE 

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