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Alma Media: Demand recovers quickly

Company report 22.07.2021 10:09 Alma Media

Q2 figures published by Alma Media yesterday corresponded as a whole well with our increased estimates after the positive earnings revision. Considering this we only make slight changes to our estimates for the next few years at Group level and expect strong growth in the operating result in the next couple of years.  Drivers are quick recovery of demand, and inorganic revenue growth generated by the Nettix acquisition, as well as gradual scaling of profitability. 

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Trade. (Alma Media)

Alma Media is a media company focusing on the service business and journalistic content. The company’s best-known brands are Kauppalehti, Talouselämä, Affärsvärlden, Iltalehti, Aamulehti, Etuovi.com and Monster. Alma Media builds sustainable growth for its customers by utilising the opportunities of digitalisation, including information services, system and expert services and advertising solutions. Alma Media’s operations have expanded from Finland to the Nordic countries, the Baltics and Central Europe.