• Forum
  • Premium
  • Stock Markets
    • MarketsLive prices, indices, and market performance
    • Morning ReviewDaily market recap and key overnight highlights
    • Stock CalendarUpcoming earnings, listings, and corporate events
    • Dividends CalendarFuture and past dividends
  • Companies
    • CompaniesBrowse and filter the full list of listed companies
    • DiscoveryInspiration for your next investment
    • IPOsNew listings and upcoming public offerings
    • AGM InvitationsAnnual general meeting dates and shareholder info
  • Stock Research
    • ResearchExpert stock analysis and recommendations
    • ArticlesNews, insights, and market commentary
    • PortfolioInderes model portfolio
    • FemmeBreaking barriers and building confidence in investing
  • Learn about investing
    • Analysis SchoolLearn how to read and understand stock analysis
    • Investing SchoolGuides and lessons to grow your investing knowledge
    • Portfolio buildersInvesting knowledge for every level, from first steps to advanced portfolio strategies.
    • inderesTVVideo hub for stock research, analysis, and expert commentary
    • TranscriptsFull text records of earnings calls and investor meetings
    • Stock ComparisonCompare financials and performance across multiple stocks
    • Earnings SeasonCompare EPS estimates to reported results
    • Insider TransactionsTrack buying and selling activity by company insiders
    • Virtual Analyst ChatAsk questions and get instant AI-powered investment insights
    • Compound Interest CalculatorSee how your savings grow with the power of compound interest.
Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • Instagram
  • X (Twitter)
  • Tiktok
  • Linkedin
Get in touch
  • info@inderes.fi
  • +358 10 219 4690
  • Porkkalankatu 5
    00180 Helsinki
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Q&A
  • Terms of service
  • Privacy policy
  • Disclaimer

Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.

Sanoma Q4'25 preview: Guidance for the current year sets the direction

SANOMAAnalyst Comment09.02.2026 klo 12.53
Petri GostowskiCo. Head of Research
Discuss

Translation: Original published in Finnish on 2/9/2026 at 8:13 am EET.

Estimates Q4'24Q4'25Q4'25eQ4'25eConsensus2025e
MEUR/EUR ComparisonRealizedInderesConsensusHigh LowInderes
Revenue 241 227233231-2351304
EBIT (adj.) -27 -28-27-29--25188
EBIT -47 -39...
Premium

This content is for our Premium customers only.

Learn more

Sanoma is an innovative and agile learning and media company with two business segments: Learning and Media Finland. Learning's educational products and services reach 25 million students in K-12 education in 12 European countries. Media Finland has Finland's leading multichannel media offering (digital and print newspapers, magazines, TV and streaming services, and radio and audio services), through which it reaches 97% of Finns every week, enabling effective marketing solutions for corporate clients. The company's operations have a positive impact on the lives of millions of people every day.

Read more on company page

Key Estimate Figures06.02.

202425e26e
Revenue1,344.71,304.21,302.6
growth-%-3.5 %-3.0 %-0.1 %
EBIT (adj.)180.0188.0179.5
EBIT-% (adj.)13.4 %14.4 %13.8 %
EPS (adj.)0.740.770.76
Dividend0.390.420.43
Dividend %5.1 %4.9 %5.0 %
P/E (adj.)10.411.211.4
EV/EBITDA6.06.05.8

Forum discussions

Juho Toratti has written a piece on Sanoma At the end of the interview, we asked the company’s management what they believe makes Sanoma an ...
6/2/2026, 4:54 PM
by Sijoittaja-alokas
7
Above are two videos that I believe provide good insights into Sanoma’s future outlook. CEO Kolkman paints a credible growth path for Sanoma...
5/25/2026, 3:55 PM
by Kaiku
8
Rob Kolkman was presenting Sanoma as an investment case today at Investor Day
5/25/2026, 1:31 PM
by Sijoittaja-alokas
3
Reviews by CEO Rob Kolkman and Sanoma Media Finland CEO Pia Kalsta from yesterday’s Annual General Meeting
5/8/2026, 1:14 PM
by Sara Antonacci
6
Here is Juho Toratti’s analysis of Sanoma following Q1 Sanoma started the year 2024 strongly. High expectations have been placed on the current...
5/8/2026, 8:25 AM
by Sijoittaja-alokas
4
I was looking at Sanoma’s target prices after the Q1 results. With a quick glance, I found the ones listed below. Other brokerage firms have...
5/8/2026, 6:37 AM
by Kaiku
11
That Petri is a brisk fellow - here is the company report as well Sanoma’s Q1 development was largely in line with expectations, although the...
5/7/2026, 9:11 PM
by Sijoittaja-alokas
7