Pressmeddelanden, rapporter och bolagsmeddelande för Sanoma Oyj
Sanoma Corporation announced that its Board of Directors has decided to repurchase up to 720,000 of its own shares, equivalent to 0.44% of the total shares, for use in the company's incentive program. The repurchase, authorized by the 2024 Annual General Meeting, will use a maximum of EUR 5.9 million and will occur through public trading on Nasdaq Helsinki Ltd., starting no earlier than November 1, 2024, and ending by June 30, 2025. The AGM had authorized the board to repurchase up to 16,000,000 shares, approximately 9.8% of the company's shares, using unrestricted shareholders' equity. Sanoma currently holds 83,491 of its own shares out of a total of 163,565,663. Sanoma is a learning and media company operating in 12 European countries, with a commitment to sustainability and the UN Sustainable Development Goals. In 2023, Sanoma reported net sales of approximately €1.4 billion and an operational EBIT margin of 12.6%. The company's shares are listed on Nasdaq Helsinki.
Sanoma Corporation released its interim report for January to September 2024, highlighting a solid third quarter with improved operational EBIT and strong free cash flow. The company has narrowed its 2024 outlook, expecting net sales between EUR 1.32‒1.34 billion and operational EBIT excluding PPA between EUR 170−180 million. In Learning, growth in markets like Poland and the Netherlands offset declines in Spain, and the transition to a new digital platform in Italy was successful. Media Finland saw growth in digital subscriptions and advertising, supported by lower paper and printing costs. Sanoma's balance sheet deleveraging is progressing well, aided by improved free cash flow and the issuance of a EUR 150 million Social Bond. The company also improved its ESG ratings. Sanoma remains focused on increasing profitability, organic growth, and deleveraging its balance sheet through 2026. An analyst and investor conference will discuss these results, with opportunities for media interviews available.
Sanoma Corporation's Board of Directors has announced the record and payment dates for the third dividend installment of EUR 0.11 per share for 2023. Shareholders registered by 5 November 2024 will receive the payment on 12 November 2024. The total 2023 dividend of EUR 0.37 per share was to be paid in three parts: EUR 0.13 per share was paid on 26 April 2024, and another EUR 0.13 on 24 September 2024, with the final installment in November. Sanoma is a learning and media company operating in 12 European countries with over 5,000 employees, focusing on sustainability and educational products. In 2023, Sanoma's net sales were approximately 1.4 billion euros, with an operational EBIT margin of 12.6%. Sanoma shares are listed on Nasdaq Helsinki.
Sanoma Corporation announced the issuance of EUR 150 million in senior unsecured social notes, maturing on 13 September 2027 with a fixed annual interest rate of 4.000 percent and an issue price of 99.872 percent. The Finnish Financial Supervisory Authority has approved the listing prospectus, available on Sanoma’s website. Sanoma has applied to list the notes on Nasdaq Helsinki's sustainable bonds list, with trading expected to start around 19 September 2024 under the code SANOJ400027. Nordea Bank Abp and Swedbank AB acted as joint lead managers. Sanoma operates in twelve European countries, focusing on learning and media, and is committed to sustainability and the UN Sustainable Development Goals. In 2023, Sanoma reported net sales of approximately EUR 1.4 billion and an operational EBIT margin of 12.6%. Sanoma shares are listed on Nasdaq Helsinki. The information is not intended for distribution in certain countries, including the United States and the United Kingdom, where it would be unlawful.
Sanoma Corporation has announced its financial reporting schedule for 2025. The company will release its Full-Year Result for 2024 on Tuesday, 11 February 2025. Subsequent reports include the Interim Report for 1 January–31 March 2025 on Tuesday, 29 April, the Half-Year Report for 1 January–30 June 2025 on Wednesday, 30 July, and the Interim Report for 1 January–30 September 2025 on Thursday, 30 October. Sanoma will observe a 30-day silent period before publishing financial information. The Financial Statements and Directors’ Report for 2024 will be published during the week starting 31 March 2025. The Annual General Meeting (AGM) is scheduled for Tuesday, 29 April 2025 in Helsinki, with the Board of Directors to summon the AGM later. Shareholders can request agenda items for the AGM by sending a written request by Tuesday, 14 January 2025. Sanoma is a learning and media company focused on sustainability, operating in twelve European countries with over 5,000 employees. In 2023, the company reported net sales of approximately €1.4 billion and an operational EBIT margin excluding PPA of 12.6%. Sanoma shares are listed on Nasdaq Helsinki. For more information, contact Kaisa Uurasmaa, Head of Investor Relations and Sustainability, at +358 40 560 5601 or visit sanoma.com.
Sanoma Corporation announced that its Board of Directors has set the record and payment dates for the second instalment of the 2023 dividend, amounting to EUR 0.13 per share. Shareholders registered by 17 September 2024 will receive the dividend on 24 September 2024. The Annual General Meeting had previously decided on a total dividend of EUR 0.37 per share for 2023, to be paid in three instalments. The first instalment was paid in April, and the third instalment's record and payment dates will be determined in October for a November payout. Sanoma is a learning and media company committed to sustainability and the UN Sustainable Development Goals, operating in twelve European countries with over 5,000 employees. In 2023, Sanoma reported net sales of approximately 1.4 billion euros and an operational EBIT margin of 12.6%. Its shares are listed on Nasdaq Helsinki.
Sanoma Corporation announced the issuance of EUR 150 million in senior unsecured social bonds with a three-year maturity, maturing on 13 September 2027, and a fixed annual interest rate of 4.000 percent. The issue price of the notes is 99.872 percent, and the offering was allocated to over 40 investors. The proceeds from the bonds will be used in accordance with Sanoma's Social Bond Framework to support education and contribute to the UN Sustainable Development Goals, specifically Goal 4 on Quality Education. The bonds will be listed on Nasdaq Helsinki's sustainable bonds list. Nordea Bank Abp and Swedbank AB acted as joint lead managers, with Swedbank also advising on the Framework. Sanoma is a learning and media company operating in twelve European countries, employing over 5,000 professionals, with net sales of approximately EUR 1.4 billion in 2023.
Sanoma Corporation is considering issuing its first euro-denominated fixed-rate social bond with an expected principal amount of EUR 150 million and a three-year term. The issuance is subject to market conditions and would follow the Social Bond Framework published by Sanoma. Nordea Bank Abp and Swedbank AB have been appointed as joint lead managers for the potential issuance, with Swedbank also acting as an advisor for establishing the Framework. Sanoma is a learning and media company committed to sustainability and operates in twelve European countries, employing over 5,000 professionals. The company’s net sales in 2023 were approximately EUR 1.4 billion, with an operational EBIT margin of 12.6%. Sanoma shares are listed on Nasdaq Helsinki. The information about the bond issuance is not intended for distribution in certain countries, including the United States and others where it would be unlawful.
Sanoma Corporation released its Half-Year Report for January to June 2024, highlighting strong earnings improvements in both its Learning and Media segments. The company's net sales for 2024 are projected to be between EUR 1.29 and 1.34 billion, with an operational EBIT (excluding PPA) expected to be between EUR 160 and 180 million. The first half saw around a 50% improvement in operational EBIT for both segments compared to the previous year, attributed to cost containment measures, lower paper prices, and price increases. Learning segment growth was notable in Spain and the Netherlands, while Media Finland saw improvements in digital subscriptions and advertising sales. The Group's free cash flow improved due to higher earnings, lower investments, and active working capital management. Sanoma's net debt and leverage also improved, with expectations to decline further in the second half of the year. The company's strategic focus areas for 2024–2026 include increasing profitability, organic and acquisition growth, and deleveraging the balance sheet. An analyst and investor conference will be held to discuss these results, with opportunities for media interviews available post-conference.
Sanoma Corporation announced the composition of its Shareholders' Nomination Committee on 19 June 2024. Juhani Mäkinen was elected as Chair, and Pekka Ala-Pietilä, Chair of Sanoma’s Board of Directors, was invited to serve as an expert. The Committee, formed in accordance with the 2022 Annual General Meeting's decision, consists of up to four members representing Sanoma's largest shareholders as of 31 May 2024. The Committee's role is to prepare proposals regarding the Board of Directors' composition, number, and remuneration for the Annual General Meeting. These proposals will be detailed in a separate release and the notice for the 2025 Annual General Meeting. Sanoma is a learning and media company committed to sustainability and operates in twelve European countries with over 5,000 employees. In 2023, its net sales were approximately 1.4 billion euros, with an operational EBIT margin of 12.6%. Sanoma shares are listed on Nasdaq Helsinki. For more information, contact Kaisa Uurasmaa, Head of Investor Relations and Sustainability.