Alma Media: The delivery matched the subscription
Alma Media's Q1 figures were well in line with our expectations and we did not make any significant changes to our short- or medium-term estimates. In the short term, considering the economic development and consumer's reduced purchasing power, the company’s demand drivers are sticky, which together with cost inflation puts pressure on the result. However, this has already been reflected in the share’s valuation, and in the weaker than expected economic scenario we also rely on the company's ability to defend its performance by adjusting costs.
Alma Media
Alma Media operates in the media sector. Within the company, the main focus is on digital media, where the offer consists of news content that concerns lifestyle, career, and finances. The group has a number of brands, the more well-known of which include Kauppalehti. The customers are located in the Nordic countries, the Baltics, and Europe and consist of private consumers. The head office is located in Helsinki.
Read more on company pageKey Estimate Figures23.04.2023
2022 | 23e | 24e | |
---|---|---|---|
Omsætning | 308,8 | 306,8 | 311,3 |
vækst-% | 12,12 % | -0,65 % | 1,47 % |
EBIT (adj.) | 73,4 | 67,4 | 70,1 |
EBIT-% (adj.) | 23,75 % | 21,95 % | 22,53 % |
EPS (adj.) | 0,72 | 0,59 | 0,63 |
Udbytte | 0,44 | 0,46 | 0,48 |
Udbytte % | 4,68 % | 4,72 % | 4,93 % |
P/E (adj.) | 13,08 | 16,46 | 15,37 |
EV/EBITDA | 9,47 | 11,13 | 10,53 |