Brief: Sanoma Expects Group's Reported Net Sales For FY2022 To Be EUR 1.30‒1.35 Billion

Sanoma Oyj

31/08/2022 16:04

Aug 31 (Reuters) - Sanoma Oyj  SANOMA.HE :
    * REG-SANOMA COMPLETES THE ACQUISITION OF PEARSON’S LOCAL
K12
LEARNING CONTENT BUSINESS IN ITALY AND ITS EXAM PREPARATION
BUSINESS IN GERMANY, AND CONSEQUENTLY UPDATES ITS OUTLOOK FOR
2022
    * IN 2022, SANOMA EXPECTS THAT GROUP'S REPORTED NET SALES
WILL BE
EUR 1.30‒1.35 BILLION (2021: 1.25)
    * GROUP'S FY2022 OPERATIONAL EBIT MARGIN EXCLUDING. PPA IS
EXPECTED TO BE AROUND 15%

Source text for Eikon:  ID:nGNE6WsSMQ 
Further company coverage:  SANOMA.HE 

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