Sanoma’s Full-Year Result 2019: Net sales grew and operational EBIT improved

Sanoma Corporation, Stock Exchange Release, 7 February 2020 at 8:30 EETSanoma’s Full-Year Result 2019: Net sales grew and operational EBIT improvedThis release is a summary of Sanoma’s Full-Year Result 2019. The complete report is attached to this release and is also available at sanoma.com.On 10 December 2019, Sanoma announced it had signed an agreement to divest its strategic business unit Sanoma Media Netherlands. Media Netherlands is consequently reported as discontinued operations in this report. Unless otherwise stated, all income-statement-related quarterly and FY figures presented in this report, including corresponding periods in 2018, cover continuing operations only. Figures related to balance sheet and cash flow cover both continuing and discontinued operations. Continuing operations include Sanoma Learning and Sanoma Media Finland SBUs, which are also Sanoma’s reporting segments starting from this report. After the divestment, the remaining Group costs have been allocated to Learning and Media Finland SBUs and SBU-level comparative information for 2018 and 2019 has been adjusted accordingly.Q4 2019