Brief: Sanoma Specifies FY profitability outlook

Sanoma Oyj

26/10/2021 13:25

Oct 26 (Reuters) - Sanoma Oyj  SAA1V.HE :
    * SANOMA UPDATES ITS PROFITABILITY OUTLOOK
    * IN 2021, SANOMA EXPECTS THAT GROUP'S REPORTED NET SALES
WILL BE
EUR 1.2‒1.3 BILLION (2020: 1.1).
    * OPERATIONAL EBIT MARGIN EXCLUDING. PPA IS EXPECTED TO BE
AROUND
15.5% (2020: 14.7%) IN 2021
    * UNCERTAINTY CAUSED BY CORONAVIRUS PANDEMIC HAS DECREASED
IN
EVENTS AND B2B ADVERTISING COMPARED TO EARLIER IN YEAR

Source text for Eikon:  ID:nGNE5n7CyF 
Further company coverage:  SAA1V.HE 

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