Outlook for 2020
(published on 24 March and unchanged in Q1 2020 Interim Report)
Due to the current corona virus outbreak, Sanoma temporarily withdraw its Outlook for 2020, which was given on 7 February. In the current continuously and rapidly evolving situation it is too early to make reliable and specific estimates for an adjusted Outlook. Sanoma expects to give an updated Outlook for 2020 later during the year. Sanoma’s net sales and profitability have developed according to expectations during the first months of the year.
(published on 7 February)
In 2020, Sanoma expects that the Group’s comparable net sales will be stable, and operational EBIT margin excl. PPA will be around 15% (2019: 14.8%).