Finland's Sanoma Q1 net sales flat, adjusted loss narrows

Sanoma Oyj

07/05/2026 05:41

Overview

Finland learning and media firm's Q1 net sales stable yr/yr at EUR 221.1 mln

Adjusted operating loss and adjusted loss per share narrowed

Company acquired Spanish learning content provider Vicens Vives in April to strengthen position in Spain

Outlook

Sanoma sees 2026 net sales at EUR 1.29–1.34 bln

Company expects 2026 adjusted operating profit of EUR 205–225 mln

Sanoma expects demand for learning content to increase, with a stable Finnish advertising market

Result Drivers

LEARNING SEGMENT GROWTH - Net sales in Learning grew, driven by a larger spring order in the Netherlands, phasing between quarters in Spain, and continued growth in digital learning platform sales in Poland

COST EFFICIENCIES - Adjusted operating profit in Learning improved due to net sales growth and cost efficiencies following Program Solar

SUBSCRIPTION SALES & COST CONTAINMENT - Media Finland’s adjusted operating profit increased as a result of higher subscription sales and robust cost containment, including in personnel expenses

Company press release: ID:nGNE233cYm

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
EUR 221.10 mln
Q1 Net Income
-EUR 24.10 mln
Q1 EBIT
-EUR 28.90 mln


Analyst Coverage

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 6 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the consumer publishing peer group is "buy."

Wall Street's median 12-month price target for Sanoma Oyj is €11.80, about 31% above its May 6 closing price of €9.01

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 13 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)