Updated: 16.5.2012

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1Q12 – Portfolio change well executed including strengthening balance sheet - outlook unchanged

- Net sales in the first quarter amounted to EUR 543.6 million (2011: EUR 530.2 million). Adjusted for changes in the Group structure, Sanoma’s net sales decreased by 0.4%.
- Operating profit excluding non-recurring items was EUR 15.9 million (2011: EUR 26.3 million).
- The operating profit did not include any non-recurring items (2011: EUR 0.9 million).
- The result for the period included a EUR 17.3 million non-tax-deductible non-recurring capital loss on sale of Sanoma’s stake in a Finnish telecommunications operator (2011: EUR 0.0 million).
- Earnings per share were EUR -0.11 (2011: EUR 0.11). Earnings per share excluding non-recurring items were EUR 0.00 (2011: EUR 0.11).
- Cash flow from operations was EUR -21.9 million (2011: EUR 18.7 million).

Stock Exchange Release (pdf)

Webcast of the press meeting

Presentation slides from the press meeting (pdf)

Key figures (xlsx)

Future outlook

Previous financial reports in the archive

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