Alma Media’s comparison data under the new segment structure
Alma Media Corporation Press Release 24 May 2018
ALMA MEDIA’S COMPARISON DATA UNDER THE NEW SEGMENT STRUCTURE
On 21 March 2018, Alma Media announced its plan to combine the Alma News & Life business segment, which produces news and lifestyle services, and the Alma Regions business segment, which focuses on regional and local media business. Following the change, Alma Media has three business segments: Alma Markets, Alma Talent and the new segment Alma Consumer. The new business group structure and corresponding reporting practices took effect on 1 April 2018.
Centralised services produced by the Group’s parent company as well as centralised support services for advertising and digital sales for the entire Group are reported outside segment reporting.
The new segment structure will be used for the first time in the interim report for the second quarter, to be published on 18 July 2018.
The enclosed table presents quarterly data for 2017 in accordance with the new segment structure. The figures are unaudited.
For more information, please contact:
Juha Nuutinen, CFO, Alma Media Corporation, tel. +358 50 438 0984
Alma Media in brief
Alma Media is a media company focusing on the service business and journalistic content. The company’s best-known brands are Kauppalehti, Talouselämä, Affärsvärlden, Iltalehti, Aamulehti, Etuovi.com and Monster. Alma Media builds sustainable growth for its customers by utilising the opportunities of digitalisation, including information services, system and expert services and advertising solutions. Alma Media’s operations have expanded from Finland to the Nordic countries, the Baltics and Central Europe. Alma Media employs approximately 2,250 professionals (excluding delivery employees), of which approximately 30% work outside Finland. Alma Media’s revenue in 2017 was EUR 367.3 million. Alma Media’s share is listed on NASDAQ Helsinki. Read more at www.almamedia.com.
- Published: 24.5.2018, 16:30
- Category: Press release, Releases