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September 2011
21.9.2011 16:07
Other releases
Sanoma was granted the second prize in a competition for annual reports arranged by Lönnberg Painot Oy. The competition had 14 entries. In Sanoma’s annual report the Jury especially valued its sense of space, its emphasis on people and its easy readability. Additionally, the annual report creates a very positive image of Sanoma. Sanoma’s design partner for the annual report was Dynamo Advertisi...
16.9.2011 09:00
Press releases
Press Release, 16 September 2011 Sanoma News is expanding its digital business in the Baltics through the acquisition of Latvia's second-largest online news service, Apollo, from SIA Lattelecom BPO. "The acquisition continues the growth strategy of Sanoma News in the digital media and strengthens our position in Latvia where we already operate a car classifieds service Auto24.lv. Sanoma's solid...
15.9.2011 11:40
Press releases
Press Release 15/9/2011 "Sanoma is concentrating all its print-independent digital businesses to Sanoma Digital Finland. As a result, Sanoma Games, a provider of popular casual and manager game services, has been moved from the Sanoma Entertainment organization to Sanoma News. "Sanoma Games' move to Sanoma Digital will help us continue growing in the Finnish market; growth in the online gaming...
15.9.2011 11:30
Press releases
Press Release 15.9.2011 The Sanoma Group's strategic business units in Finland - Sanoma Media Finland and Sanoma News - are to start extensive cooperation aimed at accelerating their growth by leveraging synergies between the two businesses. A joint steering group will be established to manage and coordinate cooperation between Sanoma Media Finland and Sanoma News. The plan is to leverage...
15.9.2011 10:00
Press releases
Press Release 15/09/2011 at 10:00 In August Sanoma announced the change from a divisional organisation structure towards Strategic Business Units complemented with strong corporate functions. The company sharpened its focus on media and learning, seeking to accelerate its organic growth and improve its performance. These are results of the One Sanoma process that Sanoma President & CEO Harri-Pe...
9.9.2011 10:53
Other releases
Sanoma announced the acquisition of SBS TV assets in Belgium and the Netherlands from ProSiebenSat.1 on 20 April 2011. The acquisition of the Belgian operations was closed on 8 June 2011. The Belgian Competition Authority has now granted approval for the partnership structure in Belgium, whereby the three shareholders obtain joint control over the SBS Belgium activities. Sanoma owns one third o...
7.9.2011 11:00
Other releases
Sanoma announced on 25 August that it will sell its bookstore operations in Finland to Otava Ltd. The Finnish Competition Authorities have announced to Otava that they do not need to file the transaction and that the investigation of the deal has ended. Therefore the divestment will be closed as planned at the end of September. Sanoma inspires, informs and connects. As a diversified media...
7.9.2011 10:00
Press releases
For general media distribution 7.9.2011 Sanoma News and the Aalto University's Start-Up Center have agreed on cooperation with the aim of strengthening the growth of digital media and start-up business activities in Finland. The cooperation supports Sanoma's digital growth strategy and young Finnish companies. "Strong digital growth requires us to network more extensively in the Finnish start-u...
7.9.2011 10:00
Press releases
For general media distribution 7.9.2011 Sanoma News and the Aalto University's Start-Up Center have agreed on cooperation with the aim of strengthening the growth of digital media and start-up business activities in Finland. The cooperation supports Sanoma's digital growth strategy and young Finnish companies. "Strong digital growth requires us to network more extensively in the Finnish start-u...
August 2011
25.8.2011 13:00
Press releases
Press Release 25/08/2011 13:00 The Sanoma Trade division of the Sanoma Group will sell its bookstore operations in Finland to Otava Ltd. The transaction includes all shares of Suomalainen Kirjakauppa Oy, six properties used by Suomalainen Kirjakauppa and Rautakirja's and Suomalainen Kirjakauppa's shares of Kirjavälitys Oy, a company specialising in logistic services. The deal is subject to the...
5.8.2011 08:30
Stock Exchange Releases
Stock Exchange Release (pdf) Webcast of the press meeting Presentation slides from the press meeting (pdf) Key figures (xls) Future outlook Previous financial reports in the archive Interim Report 5/8/2011 8:30 Second quarter - Net sales in the second quarter amounted to EUR 689.7 million (2010: EUR 715.4 million). Adjusted for changes in the Group structure, Sanoma's net...
5.8.2011 08:15
Stock Exchange Releases
Stock Exchange Release 5/8/2011 8:15 Sanoma has decided to renew its structure and organisation to speed up digital transition and organic growth. In the future, Sanoma will focus on media and learning, and is currently looking into the possibility of divesting assets in the Trade division. "Sanoma has built a strong, versatile media portfolio. We are market leaders in our key markets, bo...
July 2011
29.7.2011 12:45
Stock Exchange Releases
Stock Exchange Release 29/07/2011 12:45 Sanoma announced the acquisition of SBS free-to-air TV assets in the Netherlands and Belgium from ProSiebenSat.1 on 20 April 2011. After receiving the necessary approval from the Netherlands Competition Authority (NMa) on 22 July, Sanoma has today closed the acquisition of the Dutch operations and therefore completed the transaction. The acquisition...
29.7.2011 09:00
Stock Exchange Releases
Stock Exchange Release 29/07/2011 9:00 Sanoma lowers its full year 2011 net sales and operating profit excluding non-recurring items outlook. Sanoma Group's net sales are now expected to be at the previous year's level and operating profit excluding non-recurring items is expected to decrease somewhat in 2011. In 2010, operating profit excluding non-recurring items was EUR 245.4 million....
22.7.2011 18:40
Stock Exchange Releases
Stock Exchange Release 22/07/2011 18:40 Sanoma announced the acquisition of SBS free-to-air TV assets in the Netherlands and Belgium from ProSiebenSat.1 on 20 April 2011. The Netherlands Competition Authority (NMa) has today granted approval for the acquisition. With this approval, Sanoma expects to close the transaction within next couple of weeks. The approval is subject to a condition...
22.7.2011 18:40
Stock Exchange Releases
Stock Exchange Release 22/07/2011 18:40 Sanoma announced the acquisition of SBS free-to-air TV assets in the Netherlands and Belgium from ProSiebenSat.1 on 20 April 2011. The Netherlands Competition Authority (NMa) has today granted approval for the acquisition. With this approval, Sanoma expects to close the transaction within next couple of weeks. The approval is subject to a condition...
5.7.2011 13:22
Press releases
Sanoma News has entered into a co-operation agreement with Etua Oy and acquired a 20% holding in the company. The aim of Etua Oy, an independent broker of banking and financial services, is to make people's everyday life easier with regard to home and household finances. "The Etua.fi service is an excellent example of the kind of Finnish innovative services with which Sanoma News wants to engag...
1.7.2011 09:45
Other releases
Jackie Cuthbert starts as Chief Human Resources Officer (CHRO) of Sanoma and a member of Sanoma's Executive Management Group as of 1 July 2011.
June 2011
23.6.2011 09:01
Press releases
Sanoma News and the Aalto Center for Entrepreneurship (ACE), Aalto's innovation transfer and startup activation unit, have agreed to work together to boost startup activity and growth in the digital media sector. Through this partnership Sanoma News will coach and provide new visibility for selected start-up companies through its leading web properties, thus supporting the strategic goals of bo...
23.6.2011 09:00
Press releases
Press Release, 23 June 2011 Sanoma News and the Aalto Center for Entrepreneurship (ACE), Aalto's innovation transfer and startup activation unit, have agreed to work together to boost startup activity and growth in the digital media sector. Through this partnership Sanoma News will coach and provide new visibility for selected start-up companies through its leading web properties, thus supporti...
14.6.2011 13:18
Other releases
Are you a thirty-something, middle-income woman gripped by car fever? When you visit Sanoma’s Web pages, you have the possibility to view advertising intended specifically for you. “Web analytics allows us to discover which of Sanoma’s pages different browsers are frequenting, which search words lead browsers to the service and which queries are used within the service. When this information is...
8.6.2011 13:15
Stock Exchange Releases
Stock Exchange Release 08/06/2011 13:15 Sanoma announced the acquisition of SBS free-to-air TV assets in the Netherlands and Belgium from ProSiebenSat.1 on 20 April 2011. The acquisition of the Belgian operations has been closed today. Sanoma will report its share of the result of the Belgian TV operations in the 'Share of results in associated companies' line in its consolidated income s...
7.6.2011 11:00
Press releases
Press Release 07/06/2011 11:00 Sanoma has closed the syndication regarding a EUR 522 million Term Loan Facility and a EUR 132 million Term and Revolving Credit Facility with a group of 13 banks. These credit facilities will be used to finance the acquisition of the SBS free-to-air TV activities in the Netherlands and Belgium from ProSiebenSat.1. The EUR 522 million facility has a maturity...
1.6.2011 14:30
Press releases
For general media distribution on 1 June 2011 Sanoma News Oy, TS Group, Kaleva Oy and Mediahouse ESA Group are consolidating their collaboration with regard to market place business operations. Sanoma News is selling 10 per cent ownership of Oikotie Oy to TS Group, and 8 per cent and 7 per cent ownership to Kaleva and Mediahouse ESA Group, respectively. "The transaction represents our goa...
1.6.2011 10:37
Other releases
Sanoma announced the divestment of its general literature operations to the Swedish media group Bonnier on 29 April 2011. The Finnish competition authorities have given their approval of the transaction. The closing of the transaction is expected during the autumn. Sanoma inspires, informs and connects. As a diversified media group, we bring information, experiences, education and entertainment...
May 2011
23.5.2011 12:27
Other releases
A jury put together by the executive research company Stanton Chase has awarded Sanoma Group for a good choice of a new member of the Board. Nancy McKinstry, member of Sanoma's Board of Directors since 5 April 2011, stood out as new board member nominations of more than 60 Finnish publicly listed companies were reviewed by the jury this spring. McKinstry is a widely recognized international bus...
20.5.2011 13:05
Other releases
The Helsingin Sanomat iPad app now includes the latest news videos of the TV channel Nelonen. The videos are published as a separate section at the end of the iPad paper and they can be viewed whenever the device is online. The latest version of the HS iPad app that includes the news video section was published on Thursday, 19 May, and can be downloaded for free from Apple's App Store. The subs...
4.5.2011 11:30
Press releases
Sanoma Media Netherlands is acquiring Hemels Publishers, one of the leading custom media companies in The Netherlands. This acquisition enforces Sanoma's position in the fast-growing custom media market. Hemels Publishers will remain based in Hilversum, with its full staff. Jeroen Hemels, General Director of Hemels Publishers, will start reporting to the COO Print of Sanoma Media Netherlands, H...
3.5.2011 11:19
Stock Exchange Releases
Stock Exchange Release 3/5/2011 11:20 - Net sales in the first quarter amounted to EUR 610.2 million (2010: EUR 637.9 million). Adjusted for changes in the Group structure, Sanoma's net sales were at the comparable period's level.- Operating profit excluding non-recurring items was EUR 26.4 million (2010: EUR 35.6 million). The decrease was mostly due to divestment of operations...
April 2011
29.4.2011 13:30
Stock Exchange Releases
Stock Exchange Release 29/4/2011 13:30 Sanoma announced the divestment of its movie operations to the Swedish private equity company Ratos AB on 21 March 2011. Both the Finnish and Latvian competition authorities have given their approval of the transaction and the deal is now completed. The enterprise value of the transaction is EUR 116.0 million. Sanoma will record a non-recurring capi...
