Announcement • Jul 03
Sanoma Oyj (HLSE:SANOMA) acquired Fluentbe Sp. z o.o. from its founders and other shareholders. Sanoma Oyj (HLSE:SANOMA) acquired Fluentbe Sp. z o.o. from its founders and other shareholders on July 2, 2026.
For the period ending December 31, 2025, Fluentbe Sp. z o.o. reported total revenue of €6 million.
Fluentbe’s team, together with its founders and management, will join Sanoma Learning as part of the acquisition.
Sanoma Oyj (HLSE:SANOMA) completed the acquisition of Fluentbe Sp. z o.o. from its founders and other shareholders on July 2, 2026. Declared Dividend • May 21
First quarter dividend of €0.14 announced Shareholders will receive a dividend of €0.14. Ex-date: 14th September 2026 Payment date: 22nd September 2026 Dividend yield will be 4.5%, which is lower than the industry average of 5.1%. Sustainability & Growth Dividend is not covered by earnings (465% earnings payout ratio). However, it is well covered by cash flows (43% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 417% to bring the payout ratio under control. EPS is expected to grow by 139% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Announcement • Mar 13
Sanoma Oyj Announces Board Changes Sanoma Oyj announced that current Chair of the Board Pekka Ala-Pietilä and Board member Anna Herlin have informed that they do not stand for re-election to the Board for the the Annual General Meeting planned to be held on 7 May 2026. Pekka Ala-Pietilä has served in Sanoma’s Board of Directors since 2014 and as the Chair since 2016. The Nomination Committee wishes to warmly thank Pekka Ala-Pietilä for his commitment and significant contribution to Sanoma during his tenure. Announcement • Mar 11
Sanoma Oyj (HLSE:SANOMA) acquired Mr. Chadd B.V. from its founder and other shareholders. Sanoma Oyj (HLSE:SANOMA) acquired Mr. Chadd B.V. from its founder and other shareholders on March 10, 2026. The acquisition is in line with Sanoma’s strategy to grow its K12 learning business in the current operating countries for example by widening its product offering and shaping the evolution of K12 education towards personalized learning.
For the period ending December 31, 2025, Mr. Chadd B.V. reported total revenue of €1 million.
Sanoma Oyj (HLSE:SANOMA) completed the acquisition of Mr. Chadd B.V. from its founder and other shareholders on March 10, 2026. Announcement • Sep 10
Sanoma Oyj, Annual General Meeting, May 07, 2026 Sanoma Oyj, Annual General Meeting, May 07, 2026. Declared Dividend • Nov 03
Dividend of €0.11 announced Dividend of €0.11 is the same as last year. Ex-date: 4th November 2024 Payment date: 12th November 2024 Dividend yield will be 5.1%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (246% earnings payout ratio). However, it is well covered by cash flows (41% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 173% to bring the payout ratio under control. EPS is expected to grow by 220% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Announcement • Nov 02
Sanoma Oyj Narrows Earnings Guidance for the Full Year 2024 Sanoma Oyj narrowed earnings guidance for the full year 2024. for the year, the company expects reported net sales will be EUR 1.32 billion?EUR 1.34 billion. The Group’s operational EBIT excl. PPA is expected to be EUR 160 million-EUR 180 million. Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: €0.50 (vs €0.59 in 3Q 2023) Third quarter 2024 results: EPS: €0.50 (down from €0.59 in 3Q 2023). Revenue: €546.8m (down 5.8% from 3Q 2023). Net income: €83.9m (down 13% from 3Q 2023). Profit margin: 15% (down from 17% in 3Q 2023). Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Media industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 43 percentage points per year, which is a significant difference in performance. Announcement • Sep 16
Sanoma Oyj, Annual General Meeting, Jan 14, 2025 Sanoma Oyj, Annual General Meeting, Jan 14, 2025. Reported Earnings • Jul 25
Second quarter 2024 earnings released: EPS: €0.14 (vs €0.087 loss in 2Q 2023) Second quarter 2024 results: EPS: €0.14 (up from €0.087 loss in 2Q 2023). Revenue: €342.4m (flat on 2Q 2023). Net income: €22.1m (up €36.3m from 2Q 2023). Profit margin: 6.5% (up from net loss in 2Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 5.6% growth forecast for the Media industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance. Announcement • May 09
Sanoma Oyj Reaffirms Earnings Guidance for Full Year 2024 Sanoma Oyj reaffirmed earnings guidance for the full year 2024. For the year, the company expects reported net sales will be EUR 1.29 billion - EUR 1.34 billion (2023: EUR 1.4 billion). Reported Earnings • May 08
First quarter 2024 earnings released: €0.18 loss per share (vs €0.24 loss in 1Q 2023) First quarter 2024 results: €0.18 loss per share (improved from €0.24 loss in 1Q 2023). Revenue: €230.1m (up 5.6% from 1Q 2023). Net loss: €27.7m (loss narrowed 31% from 1Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 5.1% growth forecast for the Media industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Apr 11
Upcoming dividend of €0.13 per share Eligible shareholders must have bought the stock before 18 April 2024. Payment date: 26 April 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 5.2%. Within top quartile of German dividend payers (4.8%). In line with average of industry peers (5.5%). Reported Earnings • Mar 09
Full year 2023 earnings released: EPS: €0.02 (vs €0.47 in FY 2022) Full year 2023 results: EPS: €0.02 (down from €0.47 in FY 2022). Revenue: €1.33b (up 2.4% from FY 2022). Net income: €3.30m (down 96% from FY 2022). Profit margin: 0.2% (down from 5.9% in FY 2022). Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Media industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance. Declared Dividend • Feb 12
Dividend of €0.13 announced Dividend of €0.13 is the same as last year. Ex-date: 18th April 2024 Payment date: 26th April 2024 Dividend yield will be 5.7%, which is higher than the industry average of 5.1%. Sustainability & Growth Dividend is not covered by earnings (dividend approximately 18x earnings). However, it is covered by cash flows (57% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 1,934% to bring the payout ratio under control. EPS is expected to grow by 371% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. New Risk • Feb 11
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 0.05x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.05x net interest cover). Minor Risks Dividend is not well covered by earnings (dividend per share is over 18x earnings per share). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.2% net profit margin). Reported Earnings • Feb 08
Full year 2023 earnings released: €0.03 loss per share (vs €0.47 profit in FY 2022) Full year 2023 results: €0.03 loss per share (down from €0.47 profit in FY 2022). Revenue: €1.36b (up 4.4% from FY 2022). Net income: €3.30m (down 96% from FY 2022). Profit margin: 0.2% (down from 5.9% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 4.1% growth forecast for the Media industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance. Announcement • Feb 01
Nils Ittonen and Denise Koopmans Do Not Stand for Re-Election to the Board of Sanoma Oyj Sanoma Oyj announced that Nils Ittonen and Denise Koopmans do not stand for re-election to the Board. Announcement • Jan 09
Stark acquired Stark Verlag GmbH from Sanoma Oyj (HLSE:SANOMA). Stark acquired Stark Verlag GmbH from Sanoma Oyj (HLSE:SANOMA) on January 8, 2024. In 2023, Stark’s net sales were approximately €14 million and the company employed 56 people, who transferred to the buyer with the divestment. The divestment focuses Sanoma Learning’s portfolio and is in line with its strategy to grow its leading blended offering of digital and print for K12 in key operating markets, and to reach the long-term target of operational EBIT margin excl. PPA of 23% in 2026.Stark completed the acquisition of Stark Verlag GmbH from Sanoma Oyj (HLSE:SANOMA) on January 8, 2024. Announcement • Nov 22
Sanoma Oyj to Report Fiscal Year 2023 Final Results on Mar 04, 2024 Sanoma Oyj announced that they will report fiscal year 2023 final results on Mar 04, 2024 Announcement • Nov 08
Sanoma Oyj Announces President and CEO Susan Duinhoven to Step Down During the First Half of 2024 Sanoma Corporation announced that President and CEO Susan Duinhoven has informed Sanoma’s Board of Directors that she will step down from the role of President and CEO during the first half of 2024. The Board has initiated a search for her successor. Susan Duinhoven was appointed President and CEO of Sanoma in October 2015. She is committed to remaining fully operational as CEO until her successor has started and ensuring a solid transition after that. New Risk • Oct 29
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.9x net interest cover). Minor Risks Dividend is not well covered by earnings (282% payout ratio). Share price has been volatile over the past 3 months (6.8% average weekly change). Profit margins are more than 30% lower than last year (1.5% net profit margin). Announcement • Oct 27
Sanoma Oyj Provides Earning Guidance for the Year 2023 Sanoma Oyj provided earnings guidance for the year 2023. In 2023, Sanoma expects that the Group’s reported net sales will be EUR 1.38-1.4 billion (2022: 1.3). The Group’s operational EBIT excl. PPA is expected to be EUR 165-175 million (2022: 189). Regarding the operating environment. Reported Earnings • Oct 27
Third quarter 2023 earnings released: EPS: €0.59 (vs €0.52 in 3Q 2022) Third quarter 2023 results: EPS: €0.59 (up from €0.52 in 3Q 2022). Revenue: €586.3m (up 14% from 3Q 2022). Net income: €99.3m (up 16% from 3Q 2022). Profit margin: 17% (in line with 3Q 2022). Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Media industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 47 percentage points per year, which is a significant difference in performance. Announcement • Oct 26
Sanoma Oyj Announces Third Instalment of the Dividend for 2022, Payable on 3 November 2023 The Board of Directors of Sanoma Corporation has in its meeting decided the record date and payment date of the third instalment of the dividend for 2022, amounting to EUR 0.11 per share. The third dividend instalment shall be paid to a shareholder who is registered in the shareholders’ register of Sanoma Corporation maintained by Euroclear Finland Ltd. on the dividend record date 27 October 2023. The dividend payment date for this instalment is 3 November 2023. The Annual General Meeting of Sanoma Corporation held on 19 April 2023 resolved that for 2022 a dividend of EUR 0.37 shall be paid in three instalments. The first instalment of EUR 0.13 per share was paid on 28 April 2023 and the second instalment of EUR 0.13 per share on 22 September. The third instalment of EUR 0.11 per share was resolved to be paid in November 2023. New Risk • Oct 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.5x net interest cover). Minor Risks Dividend is not well covered by earnings (479% payout ratio). Share price has been volatile over the past 3 months (6.2% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.9% net profit margin). Announcement • Oct 06
Sanoma Oyj to Report Nine Months, 2023 Results on Oct 26, 2023 Sanoma Oyj announced that they will report nine months, 2023 results on Oct 26, 2023 New Risk • Jul 28
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.5x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.5x net interest cover). Minor Risks Dividend is not well covered by earnings (479% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.9% net profit margin). Reported Earnings • Jul 27
Second quarter 2023 earnings released: €0.08 loss per share (vs €0.19 profit in 2Q 2022) Second quarter 2023 results: €0.08 loss per share (down from €0.19 profit in 2Q 2022). Revenue: €346.8m (up 11% from 2Q 2022). Net loss: €11.4m (down 137% from profit in 2Q 2022). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Announcement • Jul 26
Sanoma Oyj Provides Earnings Guidance for the Year 2023 Sanoma Oyj provided earnings guidance for the year 2023. In 2023, the company expects that the Group’s reported net sales will be EUR 1.35 ?1.4 billion (2022: 1.3). The Group’s operational EBIT excl. Announcement • Jun 18
Sanoma Oyj Elects Juhani Mäkinen as Chair of the Committee Sanoma Oyj at its meeting held on June 16, 2023 elected Juhani Mäkinen as a Chair of the Committee and invited Pekka Ala-Pietilä, Chair of Sanoma’s Board of Directors, to serve as an expert in the Committee. In line with the decision taken by the Annual General Meeting 2022, the Shareholders’ Nomination Committee consists of up to four members who represent Sanoma’s four largest shareholders according to the shareholders’ register held by Euroclear Finland Ltd. on 31 May 2023. The following members have been appointed to Sanoma’s Shareholders’ Nomination Committee: Juhani Mäkinen, Vice Chair of the Board, Jane and Aatos Erkko Foundation. Antti Herlin, Chair of the Board, Holding Manutas. Robin Langenskiöld, 3rd largest shareholder in Sanoma. Rafaela Seppälä, 4th largest shareholder in Sanoma. Reported Earnings • May 06
First quarter 2023 earnings released: €0.25 loss per share (vs €0.11 loss in 1Q 2022) First quarter 2023 results: €0.25 loss per share (further deteriorated from €0.11 loss in 1Q 2022). Revenue: €225.1m (up 6.9% from 1Q 2022). Net loss: €40.0m (loss widened 116% from 1Q 2022). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Announcement • May 05
Sanoma Oyj Reaffirms Earnings Guidance for the Year 2023 Sanoma Oyj reaffirms earnings guidance for the year 2023. In 2023, Sanoma expects that the Group’s reported net sales will be €1.35?€1.4 billion (2022: 1.3). Upcoming Dividend • Apr 13
Upcoming dividend of €0.13 per share at 4.7% yield Eligible shareholders must have bought the stock before 20 April 2023. Payment date: 28 April 2023. Payout ratio and cash payout ratio are on the higher end at 79% and 79% respectively. Trailing yield: 4.7%. Within top quartile of German dividend payers (4.7%). Lower than average of industry peers (6.9%). Board Change • Apr 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 5 highly experienced directors. Independent Non-Executive Director Anna Herlin was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Buying Opportunity • Feb 15
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 22%. The fair value is estimated to be €11.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has declined by 8.1%. For the next 3 years, revenue is forecast to grow by 3.1% per annum. Earnings is also forecast to grow by 12% per annum over the same time period. Reported Earnings • Feb 12
Full year 2022 earnings released: EPS: €0.47 (vs €0.61 in FY 2021) Full year 2022 results: EPS: €0.47 (down from €0.61 in FY 2021). Revenue: €1.32b (up 5.3% from FY 2021). Net income: €77.0m (down 23% from FY 2021). Profit margin: 5.8% (down from 8.0% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 5% per year. Announcement • Feb 02
Sanoma Oyj Announces Rafaela Seppälä Not to Stand for Re-Election to the Board Sanoma Oyj announced that Rafaela Seppälä has informed that she does not stand for re-election to the Board. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: €0.52 (vs €0.63 in 3Q 2021) Third quarter 2022 results: EPS: €0.52 (down from €0.63 in 3Q 2021). Revenue: €520.1m (up 7.0% from 3Q 2021). Net income: €85.4m (down 17% from 3Q 2021). Profit margin: 16% (down from 21% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Media industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 11% per year. Announcement • Oct 28
Sanoma Oyj Provides Earnings Guidance for the Year 2022 Sanoma Oyj provided earnings guidance for the year 2022. Given the ongoing challenging operating environment, The company expects the final outcome of the year to be towards the lower end of the net sales and operational EBIT ranges. Announcement • Oct 27
Sanoma Announces Second Dividend Instalment, Payable on November 4, 2022 Sanoma has in its meeting decided the record date and payment date of the second instalment of dividend for 2021, amounting to EUR 0.27 per share. The second dividend instalment shall be paid to a shareholder who is registered in the shareholders' register of Sanoma Corporation maintained by Euroclear Finland Ltd. on the dividend record date 28 October 2022. The dividend payment date for this instalment is 4 November 2022. Upcoming Dividend • Oct 20
Upcoming dividend of €0.27 per share Eligible shareholders must have bought the stock before 27 October 2022. Payment date: 04 November 2022. Payout ratio and cash payout ratio are on the higher end at 88% and 95% respectively. Trailing yield: 4.1%. Lower than top quartile of German dividend payers (5.2%). Lower than average of industry peers (9.3%). Reported Earnings • Jul 28
Second quarter 2022 earnings released: EPS: €0.19 (vs €0.23 in 2Q 2021) Second quarter 2022 results: EPS: €0.19 (down from €0.23 in 2Q 2021). Revenue: €313.2m (up 3.4% from 2Q 2021). Net income: €30.7m (down 16% from 2Q 2021). Profit margin: 9.8% (down from 12% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 7.4%, compared to a 8.6% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 18% per year. Announcement • Jul 28
Sanoma Oyj Re-Affirms Earnings Guidance for the Full Year 2022 Sanoma Oyj re-affirmed earnings guidance for the full year 2022. For the year, the company expected that the Group’s reported net sales will be EUR 1.25 billion to 1.30 billion (2021: 1.25). The Group’s operational EBIT margin excl. PPA is expected to be between 15% to 16% (2021: 15.8%). Announcement • Jun 22
Sanoma Oyj Announces Appointments to Nomination Committee Sanoma Corporation’s Annual General Meeting on 7 April 2022 resolved to establish a Shareholders’ Nomination Committee. The purpose of the Shareholders’ Nomination Committee is to prepare the proposals on the number, composition and remuneration of the members of the Board of Directors to the Annual General Meeting. The Shareholders’ Nomination Committee consists of up to four members who represent Sanoma’s four largest shareholders on the basis of the shareholders’ register held by Euroclear Finland Ltd. as of 31 May. The four largest shareholders are Jane and Aatos Erkko Foundation, Antti Herlin (directly and indirectly through Holding Manutas Oy), Robin Langenskiöld and Rafaela Seppälä. The four largest shareholders have appointed the following members to the Shareholders’ Nomination Committee: Juhani Mäkinen, Vice Chairperson of the Board, Jane and Aatos Erkko Foundation; Antti Herlin, Chairperson of the Board, Holding Manutas; Robin Langenskiöld, 3rd largest shareholder in Sanoma; Rafaela Seppälä, 4th largest shareholder in Sanoma. In its meeting on 21 June 2022, the Committee elected Juhani Mäkinen as a Chairperson of the Committee and invited Pekka Ala-Pietilä, Chairperson of Sanoma’s Board of Directors, to serve as an expert in the Committee. The Shareholders’ Nomination Committee will forward its proposals for the Annual General Meeting 2023 to Sanoma’s Board of Directors by 16 January 2023. Announcement • May 02
Sanoma Oyj Re-Affirms Earnings Guidance for the Full Year 2022 Sanoma Oyj re-affirmed earnings guidance for the full year 2022. In 2022, the company expected that the Group’s reported net sales will be EUR 1.25?1.30 billion (2021: 1.25). The Group’s operational EBIT margin excl. PPA is expected to be between 15-16% (2021: 15.8%). Reported Earnings • May 01
First quarter 2022 earnings released: €0.11 loss per share (vs €0.15 loss in 1Q 2021) First quarter 2022 results: €0.11 loss per share (up from €0.15 loss in 1Q 2021). Revenue: €210.6m (flat on 1Q 2021). Net loss: €18.5m (loss narrowed 24% from 1Q 2021). Over the next year, revenue is forecast to grow 3.0%, compared to a 8.3% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Announcement • Apr 09
Sanoma Oyj Provides Sales Guidance for the Year 2022 Sanoma Oyj provided sales guidance for the year 2022. For the year, the company expected net sales to be between EUR 1.25 billion and EUR 1.3 billion. Upcoming Dividend • Apr 01
Upcoming dividend of €0.27 per share Eligible shareholders must have bought the stock before 08 April 2022. Payment date: 20 April 2022. Payout ratio is on the higher end at 88%, however this is supported by cash flows. Trailing yield: 4.2%. Within top quartile of German dividend payers (3.7%). Lower than average of industry peers (5.9%). Announcement • Feb 13
Sanoma Oyj Provides Group Earnings Guidance for the Year 2022 Sanoma Oyj provided group earnings guidance for the year 2022. For the year, the company expects net sales will be EUR 1.25 billion ? EUR 1.30 billion. Reported Earnings • Feb 12
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: €0.61 (down from €1.46 in FY 2020). Revenue: €1.28b (up 18% from FY 2020). Net income: €100.4m (down 58% from FY 2020). Profit margin: 7.9% (down from 22% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to stay flat compared to a 7.9% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Announcement • Feb 11
Sanoma Oyj Announces First and Second Instalment Dividend Paid for the Year 2021, Payable on 20 April 2022, November 2022 Respectively Sanoma Oyj announced dividend of EUR 0.54 per share shall be paid for the year 2021. The dividend shall be paid in two instalments. The first instalment of EUR 0.27 per share shall be paid to a shareholder who is registered in the shareholders’ register of the company maintained by Euroclear Finland Ltd. on the dividend record date 11 April 2022. The payment date for this instalment is 20 April 2022. Record date for the second instalment of EUR 0.27 per share will be decided by the Board of Directors in October, and the estimated payment date will be in November 2022. Reported Earnings • Oct 28
Third quarter 2021 earnings released: EPS €0.63 (vs €1.49 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: €492.8m (up 23% from 3Q 2020). Net income: €102.3m (down 58% from 3Q 2020). Profit margin: 21% (down from 61% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Oct 20
Upcoming dividend of €0.26 per share Eligible shareholders must have bought the stock before 27 October 2021. Payment date: 04 November 2021. Trailing yield: 3.6%. Within top quartile of German dividend payers (3.2%). In line with average of industry peers (3.9%). Reported Earnings • Jul 29
Second quarter 2021 earnings released: EPS €0.23 (vs €0.17 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: €302.8m (up 23% from 2Q 2020). Net income: €36.7m (up 30% from 2Q 2020). Profit margin: 12% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Announcement • Jun 08
Sanoma Reinforces Its Climate Action by Committing to the Science Based Targets Initiative Sanoma commits to setting emission reduction targets aligned with the Science Based Target initiative's (SBTi) criteria. The commitment reinforces Sanoma's climate target to reach net-zero emissions across its value chain by 2030. Vital environment is one of the six themes in Sanoma's updated Sustainability Strategy
launched in March 2021. 90% of Sanoma's emissions result from the supply chain and active supplier engagement and cooperation is key in reducing these emissions. To reduce emissions related to its own operations, Sanoma continues to invests in energy and material efficiency as well as use of renewable energy. The SBTi is a partnership between the Carbon Disclosure Project (CDP), the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF) that drives ambitious climate action in the private sector by enabling companies to set science-based emissions reduction targets. Sanoma also recently joined UN Global Compact, the world’s large corporate sustainability initiative as a signatory and has incorporated the UN Sustainable Development Goals into its Sustainability Strategy. Announcement • Jun 02
Sanoma Oyj (HLSE:SAA1V) acquired the remaining 40% stake in Sanoma Entertainment Finland Oy from the Founder of N.C.D. Production Ltd. Sanoma Oyj (HLSE:SAA1V) acquired the remaining 40% stake in Sanoma Entertainment Finland Oy from the Founder of N.C.D. Production Ltd. on June 1, 2021. The net sales were close to zero for the year ended 2020.
Sanoma Oyj (HLSE:SAA1V) completed the acquisition of the remaining 40% stake in Sanoma Entertainment Finland Oy from the Founder of N.C.D. Production Ltd. on June 1, 2021. Reported Earnings • May 02
First quarter 2021 earnings released: €0.15 loss per share (vs €0.075 loss in 1Q 2020) The company reported a soft first quarter result with increased losses and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: €210.1m (up 12% from 1Q 2020). Net loss: €24.2m (loss widened 97% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Executive Departure • Apr 16
Independent Director has left the company On the 13th of April, Kai Öistämö's tenure as Independent Director ended after 10.0 years in the role. As of December 2020, Kai personally held 8.27k shares (€113k worth at the time). A total of 2 executives have left over the last 12 months. Executive Departure • Apr 16
Independent Vice Chairman Antti Herlin has left the company On the 13th of April, Antti Herlin's tenure in the role of Independent Vice Chairman ended. As of December 2020, Antti personally held 31.80k shares (€436k worth at the time). A total of 2 executives have left over the last 12 months. Upcoming Dividend • Apr 08
Upcoming dividend of €0.26 per share Eligible shareholders must have bought the stock before 14 April 2021. Payment date: 22 April 2021. Trailing yield: 3.5%. Within top quartile of German dividend payers (3.2%). In line with average of industry peers (3.8%). Announcement • Mar 12
Antti Herlin and Kai Öistämö to Stand Down from Election of Board of Directors At Sanoma Oyj's AGM to Be Held on 13 April 2021 Sanoma Oyj announced that, Antti Herlin and Kai Öistämö will not stand for re-election to the Board of Directors at the company's AGM to be held on 13 April 2021. Analyst Estimate Surprise Post Earnings • Mar 10
Revenue beats expectations Revenue exceeded analyst estimates by 0.8%. Over the next year, revenue is forecast to grow 15%, compared to a 3.9% growth forecast for the Media industry in Germany. Announcement • Mar 09
Sanoma Oyj to Report Nine Months, 2021 Results on Oct 27, 2021 Sanoma Oyj announced that they will report nine months, 2021 results on Oct 27, 2021 
