Two focused and leading businesses poised for further growth
Susan Duinhoven, President & CEO
SEB Nordic Seminar 2022, 11 January 2022
Two focused and leading businesses poised for further growth
We continue to grow Sanoma Learning, the leading European K12 learning business
We are the leading cross-media company in Finland and continue our successful digital transformation
We have 300-400m€ headroom for
M&A and focus on growing our learning business further
We pay a solid dividend
Sanoma is a sustainable investment with learning and media having a positive impact on society
2 SEB Nordic Seminar 2022
We have accelerated our transformation
≈ 800m€ invested
More than 400m€ new, highly profitable net sales acquired
Four acquisitions
Regional news
Santillana, leading
in K12 learning
media business
provider of K12
services in 2019
in Finland
learning content
Iddink | Itslearning |
in April 2020
in Spain; closed on
ACQUISITIONS
Clickedu | Essener
31 December 2020
DIVESTMENTS
Media
Online classifieds
Netherlands
business Oikotie
in April 2020
in July 2020
700m€ divestment proceeds received
400m€ net sales divested
Two focused,
leading
businesses
with solid
profitability and
cash flows
300-400m€
headroom for
M&A
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SEB Nordic Seminar 2022
Learning is now contributing close to 70% of Group earnings
We have a balanced net sales profile…
Net sales by SBU
1.2 48%
52% bn€
Learning Media Finland
…with B2C about half of media sales
Group net sales by category, %
10%
Other
30%
Non-print adv
Print adv
11%
B2C Single copy
8%
41%
B2C Subscriptions
Learning close to 70% of earnings
Operational EBIT excl. PPA by SBU
~30%
184m€
(margin
15.8%)
~70%
Learning Media Finland
Pro forma incl. Santillana Spain as presented in Sanoma's stock exchange release on 8 March 2021
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SEB Nordic Seminar 2022
We continue to grow Sanoma Learning with strong focus on K12 learning services…
We focus on growing our K12 learning services
K12 being primary, secondary and vocational education
Learning services being blended learning content (print & digital), digital platforms for teaching and administration as well as content distribution
High barriers to entry due to local nature of the business
Three growth levers: market share gains, expansion of services and M&A
We share our best-in-class digital platforms and our European footprint gives us unique benefits of scale
Transitioning towards a subscription model
Long-termfinancial targets
Comparable net sales growth 2-5%
Operational EBIT margin excl. PPA above 23% over time including the acquisition of Santillana
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SEB Nordic Seminar 2022
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Sanoma Oyj published this content on 11 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 January 2022 16:47:05 UTC.
Sanoma Oyj is a Finland-based learning and media company. Sanoma reports two operating segments which are its two strategic business units Sanoma Learning and Sanoma Media Finland. Sanoma Learning mission is to make a positive impact on learning by enabling teachers and schools to help all students to reach their full potential. Sanoma Media Finland provides information, experiences, inspiration and entertainment through multiple media platforms: newspapers, TV, radio, events, magazines, online and mobile channels and have brands and services, like Helsingin Sanomat, Ilta-Sanomat, Aamulehti, Satakunnan Kansa, Me Naiset, Aku Ankka, Nelonen, Ruutu, Supla and Radio Suomipop. The Company operates in Europe.
SANOMA OYJ 
