Sanoma Oyj (FRA:SNQB)
€ 7.24 0.04 (0.56%) Market Cap: 1.19 Bil Enterprise Value: 1.27 Bil PE Ratio: 31.74 PB Ratio: 1.47 GF Score: 62/100

Q3 2019 Sanoma Oyj Earnings Call Transcript

Oct 25, 2019 / 08:00AM GMT
Release Date Price: €9.91 (-2.65%)
Kaisa Uurasmaa
Sanoma Oyj - Head of IR & Corporate Social Responsibility

Good morning, ladies and gentlemen. I would like to welcome you to Sanoma's Third Quarter 2019 Interim Report Presentation. My name is Kaisa Uurasmaa. I'm heading Investor Relations at Sanoma. This event will be recorded, and it can be viewed live on our website and then as a recording after the event.

After the presentation, we will have a Q&A session. We will first take questions from here at Sanomatalo. Please wait for the microphone. And then after the questions from here, we will hand over to the telephone line.

With this short introduction, I will now hand over to the first speaker, Susan Duinhoven, our President and CEO, who will be followed by Markus Holm, CFO. Please, Susan.

Susan Duinhoven
Sanoma Oyj - President & CEO

Thank you, Kaisa. Good morning, and welcome also from my end. Q3 was a solid quarter for Sanoma, and if we look at the first 9 months, operational EBIT was stable, and the margin improved. If we then look at the highlights, and we

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