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Sanoma Oyj (SAA1V.HE)

SAA1V.HE on Helsinki Stock Exchange

8.02EUR
12:29pm EDT
Change (% chg)

€-0.06 (-0.80%)
Prev Close
€8.08
Open
€7.89
Day's High
€8.03
Day's Low
€7.76
Volume
158,005
Avg. Vol
144,243
52-wk High
€9.39
52-wk Low
€3.98

Latest Key Developments (Source: Significant Developments)

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

Sanoma Q2 operating profit rises 15 times to EUR 141.7 million
Wednesday, 27 Jul 2016 01:30am EDT 

Sanoma Oyj : Q2 net sales 449.8 million euros ($494.6 million) versus 468.8 million euros year ago . Q2 operating profit 141.7 million euros versus 9.2 million euors year ago . "Media Finland was biggest single positive factor behind improved profitability." . Radio sales grew by 30 pct . Sanoma learning continued its steady development. . Sales in Q2 declined slightly, mainly due to legislation driven market change in Poland . Says besides good sales development, profitability at Media Finland was also supported by operational improvements and cost savings .Outlook unchanged from revised outlook published on July 14 2016.  Full Article

Sanoma raises 2016 outlook for operational EBIT margin to 9 pct
Thursday, 14 Jul 2016 01:30am EDT 

Sanoma Oyj : Sanoma improves its outlook for 2016 . Reason to revise outlook is improved operational performance in Finnish media business . Expects that group's consolidated net sales development adjusted for structural changes will improve from last year (2015: loss of 3.4 pct) . Operational EBIT margin is estimated to be around 9 pct . Previous outlook: 2016 consolidated net sales development adjusted for structural changes were to be in line with last year or improve .Previous outlook: 2016 operational EBIT margin was estimated to be over 7 pct.  Full Article

Sanoma buys cashback marketing companies Scoupy and Kortingisleuk.nl
Wednesday, 1 Jun 2016 02:00am EDT 

Sanoma Oyj : Acquires Dutch cashback marketing companies Scoupy and Kortingisleuk.nl . Companies will be merged and will continue to operate under the Scoupy brand as the largest Dutch cashback platform . Scoupy has over 1.2 million app downloads and Kortingisleuk.nl around 500,000 regular users .Sanoma has been a minority shareholder in Scoupy since 2012.  Full Article

Sanoma announces final tender offer results
Tuesday, 24 May 2016 02:00am EDT 

Sanoma Oyj : Announces final tender offer results . Final acceptance amount has been set by Nordea Bank Danmark A/S (offeror) at an aggregate principal amount of 200 million euros of Notes . All valid tenders will be accepted in full up to minimum denomination of Notes . Purchase price for Notes is 104.10 pct . Offeror will also pay accrued and unpaid interest on Notes accepted for purchase in the offer . Settlement date for offer is May 26, 2016 .All Notes purchased by the company will be cancelled.  Full Article

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BRIEF-Sanoma divests Sanoma Baltics

* Is divesting its fully owned subsidiary Sanoma Baltics to a consortium of management team members and a private equity investor BaltCap