Sanoma Oyj (FRA:SNQB)
€ 7.26 0.02 (0.28%) Market Cap: 1.20 Bil Enterprise Value: 1.28 Bil PE Ratio: 31.70 PB Ratio: 1.47 GF Score: 71/100

Q1 2023 Sanoma Oyj Earnings Call Transcript

May 04, 2023 / 08:00AM GMT
Release Date Price: €7.59 (-2.94%)
Kaisa Uurasmaa
Sanoma Oyj - Head of IR & Sustainability

Good morning, everyone, and welcome to Sanoma's First Quarter 2023 Results Presentation. My name is Kaisa Uurasmaa. I'm heading Investor Relations and Sustainability at Sanoma. Today, we have the President and CEO, Susan Duinhoven; and CFO, Alex Green, presenting the results. And after the presentation, we will have a Q&A session. We will first take questions from the people here at Sanoma House. (Operator Instructions) We will then hand over to the telephone line. (Operator Instructions) The full event will be recorded and the recording will be available on our website shortly after the end of the event.

With this short introduction, I would like to hand over to Susan to start the presentation, please.

Susan Duinhoven
Sanoma Oyj - President & CEO

Thank you very much, Kaisa. Good morning to all of you. Also a warm welcome from my end on this result presentation. In the first quarter, we saw sales growing with a slightly lower operational EBIT due to the inflation and the increased

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