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Sanoma Oyj (SAA1V.HE)

SAA1V.HE on Helsinki Stock Exchange

8.52EUR
26 May 2017
Change (% chg)

€-0.03 (-0.29%)
Prev Close
€8.55
Open
€8.51
Day's High
€8.80
Day's Low
€8.50
Volume
203,502
Avg. Vol
155,611
52-wk High
€9.39
52-wk Low
€4.77

Latest Key Developments (Source: Significant Developments)

Finland's Sanoma to acquire sport media Urheilulehti
Monday, 22 May 2017 08:32am EDT 

May 22 (Reuters) - Sanoma Oyj :says Sanoma Media Finland will acquire local sport media Urheilulehti from A-lehdet.says will consolidate Urheilulehti to its Urheilusanomat products.  Full Article

Sanoma Q1 net sales at EUR 343.8 million
Wednesday, 26 Apr 2017 01:30am EDT 

April 26 (Reuters) - SANOMA OYJ ::Q1 NET SALES EUR 343.8 MILLION (REUTERS POLL: EUR 351 MILLION).OUTLOOK (UNCHANGED FROM REVISED OUTLOOK PUBLISHED ON 10 APRIL 2017).Q1 OPERATIONAL EBIT EUR 11.4 MILLION (REUTERS POLL: EUR 3.4 MILLION).Q1 OPERATING LOSS EUR 415.9 MILLION VERSUS PROFIT EUR 3.1 MILLION LAST YEAR.  Full Article

Sanoma sells kieskeurig.nl to Reshift
Friday, 21 Apr 2017 08:18am EDT 

April 21 (Reuters) - SANOMA OYJ ::SANOMA OYJ - SANOMA SELLS KIESKEURIG.NL TO RESHIFT.  Full Article

Sanoma sells Dutch TV Business SBS to Talpa; 2017 outlook improved
Monday, 10 Apr 2017 01:30am EDT 

SANOMA OYJ : SANOMA SELLS THE DUTCH TV BUSINESS SBS TO TALPA – OUTLOOK FOR 2017 IMPROVED . HAS AGREED TO SELL ITS 67% STAKE IN DUTCH TV BUSINESS SBS TO TALPA BROADCASTING HOLDING B.V. FOR A NET CASH CONSIDERATION OF EUR 237 MILLION . WILL OBTAIN 100% OWNERSHIP OF TV GUIDE BUSINESS VERONICA UITGEVERIJ AS PART OF TRANSACTION . THIS IMPLIES A 12.6X 2016 EV/EBITDA MULTIPLE FOR SBS . DIVESTMENT IS SUBJECT TO CLOSING CONDITIONS INCLUDING CUSTOMARY REGULATORY APPROVALS AND IS EXPECTED TO CLOSE IN Q3 OF 2017 . SANOMA'S NET FINANCIAL DEBT (PRO FORMA 2016) REDUCES FROM EUR 786 MILLION TO EUR 539 MILLION AND NET DEBT / ADJUSTED. EBITDA DECREASES FROM 3.2X TO 2.5X . DIVESTMENT WILL RESULT IN A NON-CASH CAPITAL LOSS OF EUR 313 MILLION . OUTLOOK FOR 2017 IMPROVED, DIVIDEND POLICY UNCHANGED . EXPECTS THAT IN 2017 GROUP'S CONSOLIDATED NET SALES ADJUSTED FOR STRUCTURAL CHANGES, INCLUDING DIVESTMENT OF SBS, WILL BE STABLE AND OPERATIONAL EBIT MARGIN WILL BE ABOVE 10% .AFFIRMS THAT NEW DIVIDEND POLICY AIMING FOR INCREASING DIVIDENDS WILL NOT BE IMPACTED BY SBS DIVESTMENT.  Full Article

Sanoma divests Sanoma Baltics
Wednesday, 15 Mar 2017 07:00am EDT 

Sanoma Oyj : Is divesting its fully owned subsidiary Sanoma Baltics to a consortium of management team members and a private equity investor BaltCap .Will recognize a sales gain of around 10 million euros ($10.6 million).  Full Article

Sanoma decides on new dividend policy, adjusts LT financial targets
Tuesday, 7 Feb 2017 01:31am EST 

Sanoma Oyj : Long-term targets for net debt/adjusted EBITDA ratio to be less than 2.5 times (previously 3.5 times) . Equity ratio is targeted between 35% and 45% .According to the new dividend policy, it plans, from 2017 onwards, to pay an increasing dividend, equal to 40–60% of annual cash flow from operations less capital expenditure.  Full Article

Sanoma Q4 operational EBIT EUR 1.4 mln, below expectations
Tuesday, 7 Feb 2017 01:30am EST 

Sanoma Oyj : Q4 net sales 398.1 million euros ($425 million)(Reuters poll: 399 million euros) . Q4 adjusted 1.4 million euros (Reuters poll: 2.5 million euros) . For 2017 expects that consolidated net sales adjusted for structural changes will be stable and operational EBIT margin will be around 10 pct .Proposes a dividend of 0.20 euro per share (Reuters poll: 0.22 euro).  Full Article

Sanoma Q3 operational EBIT rises to EUR 77.7 million
Friday, 28 Oct 2016 01:30am EDT 

Sanoma Oyj : Q3 net sales 438.1 million euros ($477.8 million) versus 458.3 million euros year ago . Q3 operating profit 75.1 million euros versus 9.8 million euros year ago . Q3 operational EBIT 77.7 million euros versus 62.4 million euros year ago .Outlook unchanged from revised outlook published on Oct. 20 2016.  Full Article

Sanoma: Markus Holm to succeed Kim Ignatius as CFO & COO
Friday, 5 Aug 2016 01:36am EDT 

Sanoma Oyj : Markus Holm to succeed Kim Ignatius as CFO & COO of Sanoma . Markus Holm joins Sanoma from Metsä Group .Appointment will take effect on Feb 1, 2017.  Full Article

Metsä Board appoints Jussi Noponen new CFO
Friday, 5 Aug 2016 01:36am EDT 

Metsa Board Oyj : Jussi Noponen appointed CFO for Metsä Board Corporation . Noponen has been appointed cfo and member of executive management team corporation effective as of 1 january 2017 at latest .Markus Holm, Metsä Board's current CFO, will leave company to assume position of CFO and COO of Sanoma Corporation Full Article

More From Around the Web

BRIEF-Finland's Sanoma to acquire sport media Urheilulehti

* says Sanoma Media Finland will acquire local sport media Urheilulehti from A-lehdet