Sanoma Oyj 2017 AR2
The report highlights a successful year for Sanoma in 2017, characterized by significant portfolio restructuring, including the divestment of the Dutch TV business SBS and the announced intention to divest the Belgian women's magazine portfolio. The company achieved stable net sales of EUR 1.4 billion and improved its operational EBIT margin to 12.4%. Sanoma made progress in its digital transformation, with Helsingin Sanomat increasing its total subscribers for the first time in 25 years. Additionally, the company successfully implemented its privacy and information security programs in preparation for the EU General Data Protection Regulation (GDPR).
Company: Sanoma Oyj
Sector: Media & publishing
Country: Finland
Year: 2017
Type: AR2
Pages: 113
Sanoma Oyj
The report highlights a successful year for Sanoma in 2017, characterized by significant portfolio restructuring, including the divestment of the Dutch TV business SBS and the announced intention to divest the Belgian women's magazine portfolio. The company achieved stable net sales of EUR 1.4 billion and improved its operational EBIT margin to 12.4%. Sanoma made progress in its digital transformation, with Helsingin Sanomat increasing its total subscribers for the first time in 25 years. Additionally, the company successfully implemented its privacy and information security programs in preparation for the EU General Data Protection Regulation (GDPR).
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 2:
Energy Consumption
Women on Board
Employees