Brief: Sanoma Q3 EBIT Down At EUR 133 Mln

Sanoma Oyj

27/10/2021 06:43

Oct 27 (Reuters) - Sanoma Oyj  SAA1V.HE :
    * REG-SANOMA CORPORATION, INTERIM REPORT JANUARY–SEPTEMBER
2021: STRONG NET SALES AND OPERATIONAL EARNINGS GROWTH IN BOTH
BUSINESSES
    * Q3 GROUP'S NET SALES GREW TO EUR 486 MILLION (2020: 401)
    * Q3 OPERATIONAL EBIT EXCLUDING. PPA GREW BY 32% TO EUR 147
MILLION (2020: 112)
    * Q3 EBIT WAS EUR 133 MILLION (2020: 267)
    * IN 2021, SANOMA EXPECTS THAT GROUP'S REPORTED NET SALES
WILL BE
EUR 1.2‒1.3 BILLION (2020: 1.1)
    * GROUP'S OPERATIONAL EBIT MARGIN EXCLUDING. PPA IS EXPECTED
TO BE
AROUND 15.5% (2020: 14.7%) IN 2021

Source text for Eikon:  ID:nGNE7P0QtM 
Further company coverage:  SAA1V.HE 

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