Sanoma Improves its Outlook for 2017

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Sanoma Corporation, Stock Exchange Release, 7 September 2017 at 14:10 CET+1

New Group outlook:

For 2017, Sanoma expects that the Group’s consolidated net sales adjusted for structural changes, including the divestment of SBS, will be stable and the operational EBIT margin will be above 11%.

The reason for improving the outlook is the continued good operational performance in the media segments and the Learning segment performing according to our expectations in the seasonally important third quarter.

The previous outlook was: ‘For 2017, Sanoma expects that the Group’s consolidated net sales adjusted for structural changes, including the divestment of SBS, will be stable and the operational EBIT margin will be above 10%.’

 

Additional information
Sanoma's Investor Relations, Anssi Imppola, tel. +358 40 832 0128

 

Sanoma

Sanoma is a front running media and learning company impacting the lives of millions every day. We provide consumers with engaging content, offer unique marketing solutions to business partners and enable teachers to excel at developing the talents of every child.

With companies operating in Finland, the Netherlands, Belgium, Poland and Sweden, our net sales totalled EUR 1.6 billion and we employed over 5,000 professionals in 2016. The Sanoma shares are listed on Nasdaq Helsinki.