Two focused and leading businesses poised for further growth
Susan Duinhoven, President & CEO Pörssisijoittajan viikko, 14 September 2021
Two focused and leading businesses poised for further growth
We continue to grow Sanoma Learning, the leading European K12 learning business
We are the leading cross-media company in Finland and continue our successful digital transformation
We have 300-400m€ headroom for M&A and focus on growing our learning business further
We pay a solid dividend
Sanoma is a sustainable investment with learning and media having a positive impact on society
2 Pörssisijoittajan viikko 2021
Two focused and leading businesses
LEARNING
Market leader in European K12 with strong digital footprint and benefits of scale
Net sales 605m€ (1
Oper. EBIT margin excl. PPA approx. 20.7% (1
Market share approx. 13%
Serving more than 20 million students across Europe
Long-termfinancial targets
Comparable net sales growth 2-5%
Operational EBIT margin excl. PPA above 23%
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(1 Pro forma 2020 incl. Santillana Spain acquired on 31 December 2020
MEDIA FINLAND
Finland's leading cross media company
Net sales 563m€ in 2020
Operational EBIT margin excl. PPA 11.8%
B2C revenues approx. 50%
Reaching 97% of all Finns every week
Long-termfinancial targets
Comparable net sales growth +/-2%
Operational EBIT margin excl. PPA 12-14%
We accelerated our transformation during 2020
≈ 800m€ invested
More than 400m€ new, highly profitable net sales acquired
Four acquisitions
Regional news
Santillana, leading
in K12 learning
media business
provider of K12
services in 2019
in Finland
learning content
Iddink | Itslearning |
in Spain; closed on
ACQUISITIONS
Clickedu | Essener
31 December
DIVESTMENTS
Media
Online classifieds
Netherlands
business Oikotie
700m€ divestment proceeds received
400m€ net sales divested
Two focused,
leading
businesses
with solid
profitability and
cash flows
300-400m€
headroom for
M&A
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Pörssisijoittajan viikko 2021
Learning is now contributing close to 70% of Group earnings
We have a balanced net sales profile…
Net sales by SBU
48%
52%
Learning Media Finland
…with B2C about half of
Learning close to
media sales
70% of earnings
Group net sales by category, %
Operational EBIT excl. PPA by SBU
10%
Other
30%
Non-print adv
~30%
Print adv
11%
B2C Single copy
8%
~70%
41%
B2C Subscriptions
Learning
Media Finland
Pro forma incl. Santillana Spain as presented in Sanoma's stock exchange release on 8 March 2021
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Pörssisijoittajan viikko 2021
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Sanoma Oyj published this content on 14 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 September 2021 15:01:02 UTC.
Sanoma Oyj is a Finland-based learning and media company. Sanoma reports two operating segments which are its two strategic business units Sanoma Learning and Sanoma Media Finland. Sanoma Learning mission is to make a positive impact on learning by enabling teachers and schools to help all students to reach their full potential. Sanoma Media Finland provides information, experiences, inspiration and entertainment through multiple media platforms: newspapers, TV, radio, events, magazines, online and mobile channels and have brands and services, like Helsingin Sanomat, Ilta-Sanomat, Aamulehti, Satakunnan Kansa, Me Naiset, Aku Ankka, Nelonen, Ruutu, Supla and Radio Suomipop. The Company operates in Europe.
SANOMA OYJ 
