Brief: Sanoma Q3 EBIT Falls To EUR 116 Million

Sanoma Oyj

27/10/2022 06:38

Oct 27 (Reuters) - Sanoma Oyj  SANOMA.HE :
    * SANOMA CORPORATION, INTERIM REPORT JANUARY–SEPTEMBER 2022:
NET
SALES GREW DRIVEN BY SPAIN AND THE RECENT ACQUISITION IN
LEARNING
    * Q3 NET SALES GREW TO EUR 515 MILLION (2021: 486)
    * Q3 OPERATIONAL EBIT EXCLUDING. PPA WAS STABLE AT EUR 148
MILLION
(2021: 147)
    * Q3 EBIT WAS EUR 116 MILLION (2021: 133)
    * OUTLOOK: IN 2022, SANOMA EXPECTS THAT GROUP'S REPORTED NET
SALES
WILL BE EUR 1.30‒1.35 BILLION (2021: 1.25)
    * OUTLOOK:  2022 OPERATIONAL EBIT MARGIN EXCLUDING. PPA IS
EXPECTED TO BE AROUND 15% (2021: 15.8%)

Source text for Eikon:  ID:nGNE3phhvX 
Further company coverage:  SANOMA.HE 
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