Key Developments: Alma Media Oyj (ALN1V.HE)

ALN1V.HE on Helsinki Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Alma Media acquires 15% of the share capital of Remonttibulevardi Oy
Wednesday, 6 Aug 2014 07:01am EDT 

Alma Media Oyj:Acquires a stake in a company developing online service Urakkamaailma.fi.Says acquired 15% of the share capital of Remonttibulevardi Oy.Says the parties have agreed to not publish the transaction price.  Full Article

Alma Media says Alma Manu to reorganize distribution operations in Pirkanmaa
Monday, 21 Jul 2014 03:00am EDT 

Alma Media Oyj:Says Alma Manu plans to reorganize its distribution operations in Pirkanmaa.Says Alma Manu will start statutory personnel negotiations concerning delivery staff in Pirkanma, 570 persons in total.Says the amount of work in distribution operations may reduce by a maximum of 20 jobs.Says the potential reduction in employee hours may lead to layoffs.Says potential impact on employees will be determined as the negotiations progress, and they will take effect in April 2015.  Full Article

Alma Media Oyj comments on FY 2014 financial guidance
Friday, 18 Jul 2014 02:00am EDT 

Alma Media Oyj:Expects its FY 2014 revenue to remain at FY 2013 level.Operating profit excluding non-recurring items for FY 2014 is expected to be lower than in FY 2013.FY 2013 revenue of 300.2 mln euros and operating profit excluding non-recurring items of 24.2 mln euros.FY 2014 revenue of 294 mln euros and FY 2014 operating profit of 24 mln euros - Thomson Reuters I/B/E/S.  Full Article

Alma Media's subsidiary acquires developer of automotive software applications
Wednesday, 4 Jun 2014 05:00am EDT 

Alma Media Oyj:Says Alma Mediapartners Oy buys all shares in Alma Media's associated company Alkali Oy.Financial details will not be disclosed.Alkali develops software applications for various automotive industry needs such as retail, rental and leasing.With the acquisition, Alma Mediapartners Oy aims to strengthen its automotive software expertise.  Full Article

Alma Media lowers H1 2014 outlook; launches streamlining measures within Alma Regional Media
Tuesday, 15 Apr 2014 02:00am EDT 

Alma Media Oyj:Lowers H1 2014 revenue and result estimate due to performance being weaker than expected.Now expects H1 2014 revenue to be lower than in the corresponding period in 2013 when it reached 151.2 million euros.Estimates H1 2014 operating profit excluding non-recurring items to be below the level estimated previously of 9.0-10.5 million euros.Earlier expected revenue to be on par with FY H1 2013 revenue result and operating profit to be in the 9.0-10.5 million euro range.Says will launch streamlining measures in Alma Regional Media but not including terminations of employment.Will commence statutory employee negotiations in the company's financial administration potentially resulting in personnel reduction of a maximum 11 persons.  Full Article

Alma Media announces changes in reportable segments
Thursday, 10 Apr 2014 07:00am EDT 

Alma Media Oyj:Says the company's reporting structure has changed.As of 2014 the reportable segments are Digital Consumer Services, Financial Media and Business Services, National Consumer Media, and Regional Media.The Digital Consumer Services segment still includes Alma Diverso and Marketplaces, but the centralised digital support services have been moved to non-allocated items outside segment reporting.The name of Kauppalehti Group has been changed to Financial Media and Business Services.The new National Consumer Media segment consists of the IL Media operating segment (previously under the Newspapers segment).The new Regional Media segment includes the Alma Regional Media operating (previously under the Newspapers segment), as well as Alma Manu (previously under the Other Operations segment).Other Operations no longer constitutes a separate segment and instead, the operations of the Group's parent company are reported as non-allocated items.  Full Article

Alma Media announces PricewaterhouseCoopers Oy as auditor for FY 2014
Thursday, 20 Mar 2014 11:00am EDT 

Alma Media Oyj:Appoints Authorized Public Accountants PricewaterhouseCoopers Oy as the company's auditor for FY 2014.PricewaterhouseCoopers Oy has announced Markku Launis to be the principal auditor.  Full Article

Alma Media divests Baltic News Service to Ou Uudisvoog
Monday, 3 Mar 2014 06:20am EST 

Alma Media Oyj:Says the company's Kauppalehti Group has sold its news agency and media monitoring business Baltic News Service (BNS) to Ou Uudisvoog.Transaction value will remain undisclosed.As a result of the transaction Alma Media will book a 0.8 million euros sales gain into Q1 profits.Ou Uudisvoog is owned by Koha Capital Ou, an Estonian venture capital company.  Full Article

Alma Media acquires 35 pct stake in online travel service-DJ
Wednesday, 19 Feb 2014 04:45am EST 

Alma Media Oyj:Acquires 35 percent of the share capital of an online travel service, Rantapallo Oy-DJ.The shares were acquired from TukTuk Media Oy and Verkossa Media Oy.Alma Media has the opportunity to increase its ownership in the company.The parties have agreed to not make the transaction price public.  Full Article

Alma Media issues H1 2014 revenue and operating profit guidance
Thursday, 13 Feb 2014 02:00am EST 

Alma Media Oyj:Expects revenue for H1 2014 to be on a par with the level of 2013 or slightly lower.Estimates operating profit excluding non-recurring items to amount to 9.0 - 10.5 million euros.Reported revenue for H1 2013 of 151.2 million euros and operating profit excluding non-recurring items of 10.1 million euros.  Full Article

BRIEF-Alma Media Says acquires 15% of share capital of Remonttibulevardi

Aug 6 - Alma Media Oyj : * Alma Mediapartners acquires a stake in a company developing online service

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