Sanoma Oyj (LTS:0JLQ)

€ 6.55 0 (0%) Market Cap: 1.10 Bil Enterprise Value: 1.22 Bil PE Ratio: 21.03 PB Ratio: 1.51 GF Score: 71/100

Sanoma Oyj Acquires Alma Media Oyj's Regional News Media Business in Finland Call Transcript

Feb 11, 2020 / 10:30AM GMT

Release Date Price: €10.65

Transcript

Kaisa Uurasmaa

Sanoma Oyj - Head of IR & Corporate Social Responsibility

Hello, ladies and gentlemen. Welcome to joint analyst and investor conference of Sanoma and Alma Media about today's Sanoma's acquisition of Alma Media's regional news media business.

Today, we will first start the presentation with Sanoma's story. The presenter is our CEO, Susan Duinhoven; and then take questions to Sanoma. After that, we will hand over to Kai Telanne, CEO of Alma Media. And after Kai's presentation, we will take questions to Alma Media.

(Operator Instructions) And this event will be recorded, and the recording will be available on both company's websites after the event. With this, I would now like to invite Susan Duinhoven to start the presentation, please.

Susan Duinhoven

Sanoma Oyj - President & CEO

Thank you very much, Kaisa. Just this morning, we had good news, the acquisition of Alma Media's regional news business and also indicated that we will evaluate the strategic options of the online classifieds business in Finland. But let me

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