Sanoma narrows 2025 guidance, shares dip 3% By Investing.com
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Sanoma's Q3 results: Net sales meet expectations, but organic sales drop by 5%. Media Finland division boosts profits with stronger subscription sales and cost management. Free cash flow improves by 4% due to better working capital. Sanoma narrows 2025 outlook, expecting net sales between €1.29-€1.31 billion and operational EBIT of €180-€190 million. Impairment charges and restructuring costs impact reported EBIT, but Sanoma remains optimistic about cash flow improvements.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.
