Brief: Sanoma Q3 EBIT Rises To EUR 267 Million

Sanoma Oyj

29/10/2020 06:40

Oct 29 (Reuters) - Sanoma Oyj  SAA1V.HE :
    * REG-SANOMA’S INTERIM REPORT JANUARY-SEPTEMBER 2020: STRONG
PERFORMANCE: NET SALES GREW AND OPERATIONAL EBIT IMPROVED
    * Q3 NET SALES GREW TO EUR 401 MILLION (2019: 285)
    * Q3 EBIT WAS EUR 267 MILLION (2019: 69)
    * IN 2020, SANOMA EXPECTS THAT GROUP'S REPORTED NET SALES
WILL BE
AROUND EUR 1,050 MILLION (2019: 913)
    * 2020 OPERATIONAL EBIT MARGIN EXCLUDING PPA IS EXPECTED TO
BE
AROUND 14% (2019: 14.8%),
    * OUR BUSINESS AND FINANCIAL PERFORMANCE WAS STRONG DURING
IMPORTANT Q3

Source text for Eikon:  ID:nGNE6bpY2N 
Further company coverage:  SAA1V.HE 

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