Overview
Finland-based learning and media firm's Q4 net sales fell 6% yr/yr
Adjusted operating profit for FY 2025 improved by 5%
Company proposes increased dividend of EUR 0.42 per share for 2025
Outlook
Sanoma expects 2026 net sales of EUR 1.29–1.34 bln and adjusted operating profit of EUR 205–225 mln
Demand for learning content to increase due to curriculum renewals in operating markets
Advertising market in Finland expected to remain relatively stable in 2026
Result Drivers
LEARNING SALES DECLINE - Net sales in Learning fell due to lower sales in Spain ahead of curriculum renewal and phasing between quarters
DIGITAL SUBSCRIPTION GROWTH - Growth in digital subscriptions helped offset decline in advertising sales in Media Finland
COST CONTAINMENT - Effective cost containment supported improved earnings in Media Finland
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
EUR 225.80 mln
Q4 Net Income
-EUR 42.30 mln
Q4 EBIT
-EUR 50.90 mln
Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 1 "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 €12.05, about 26% above its February 10 closing price of €9.56
The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 14 three months ago
Press Release: ID:nGNE3Mk9Nl
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(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.)