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Alma Media Q3’26 flash comment: Excellent performance in all segments

ALMAAnalyst Comment29.10.2026 klo 09.14

Petri GostowskiCo. Head of Research

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Translation: Original published in Finnish on 10/29/2026 at 08:45 am EET

Estimates	Q3'25	Q3'26	Q3'26e	Q3'26e	Consensus			Difference (%)	2026e
MEUR / EUR	Comparison	Actualized	Inderes	Consensus	Low		High	Act. vs. Inderes	Inderes
Revenue	79.3	84.2	83.6	82.9	82.0	-	83.6	1 %	345
EBIT (adj...

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Alma Media operates in the media sector. The company's main focus is on digital media, where the offering consists of news content that touches on lifestyle, career and finance. The group operates several brands, the better-known of which include Kauppalehti. The customers are found in the Nordic countries, the Baltics and Europe and consist of private users. The head office is located in Helsinki.

Key Estimate Figures12.08.

	2025	26e	27e
Revenue	327.1	344.5	358.9
growth-%	4.7 %	5.3 %	4.2 %
EBIT (adj.)	82.1	95.9	104.2
EBIT-% (adj.)	25.1 %	27.8 %	29.0 %
EPS (adj.)	0.72	0.89	0.97
Dividend	0.48	0.52	0.54
Dividend %	3.3 %	3.8 %	3.9 %
P/E (adj.)	19.8	15.6	14.2
EV/EBITDA	13.4	11.1	10.0

Forum discussions

A quick quarterly update on Alma Media’s Q3 results out into the ether (which I own through Ilkka). The company is pushing forward convincingly...

3 hours ago

by Farseer

On top of those, a small bolt-on acquisition as a bonus: Inderes Alma Media ostaa KTI Kiinteistötieto Oy:n - Inderes Alma Media Oyj Lehdistö...

4 hours ago

by poutapilviä

Had to wait quite a while for this. I also edited in the results here. News Powered by Cision Sisäpiiritieto, positiivinen tulosvaroitus: Alma...

5 hours ago

by bullero22

What can be inferred from this donation from an investor’s perspective? The company made a €100,000 donation to the Automotive Sector Foundation...

yesterday

by Greenest

Here are Petri’s preview comments as Alma publishes its Q3 report on Thursday We forecast that the company’s revenue growth has continued, which...

10/27/2026, 6:12 AM

by Sijoittaja-alokas

In recent years, I’ve noticed from several different data points the growing role of LinkedIn in recruiting specialist/expert employees, and...

10/21/2026, 8:26 AM

by Sijoittaja

Regarding the earlier post, if you have any questions in mind for the management interview, feel free to send them over.

10/21/2026, 6:43 AM

by Petri Gostowski