Media group Sanoma tracks best day in 5 months after Q2 beat

Sanoma Oyj

24/07/2024 08:13

** Shares in Sanoma  SANOMA.HE  rise 5% after the Finnish
media group's Q2 result beats expectations
    ** Sanoma posted an EBIT of 43 million euros ($46.62
million), higher than the estimated 36.7 million euros seen in a
company-provided poll
    ** Inderes says performance was stronger than expected in
both segments, and notes that the company reiterated its outlook
as foreseen
    ** Shares track their best day in over five months if gains
hold

($1 = 0.9223 euros)

 (Reporting by Greta Rosen Fondahn)
 ((Greta.RosenFondahn@thomsonreuters.com))