Change in the structure and composition of Alma Media’s business segments
Alma Media Corporation Stock Exchange Release April 27, 2010 at 2:05 pm
CHANGE IN THE STRUCTURE AND COMPOSITION OF ALMA MEDIA’S BUSINESS SEGMENTS
The internal organisational structure of the Alma Media Group has been changed since the beginning of 2010 when the printing and distribution operations were concentrated in a new group business unit. The new printing and distribution unit will be reported outside the business segments Newspapers, Kauppalehti Group and Marketplaces as part of the new Other operations business segment. Earlier, the printing and distribution operations were included in the Newspapers segment. Additionally, the concept of net sales for Lehdentekijät, part of the Kauppalehti Group, has been specified, and the unit’s entire net sales have been transferred from circulation net sales to other net sales of Kauppalehti Group.
With the change in the structure and composition of the reporting segments, Alma Media has, in accordance with the IFRS 8 Operating Segments standard, adjusted the corresponding items in segment information for the comparison periods 2008 and 2009. The tables below present the segment net sales and operating profit, segment key indicators as well as the assets, liabilities and investments of the segments, and a summary of the effects of the change.
Alma Media Corporation
Tuomas Itkonen, CFO
More information:
Tuomas Itkonen, CFO, tel. +358 10 665 2244
Distribution: NASDAQ OMX Helsinki, main media
Alma Media in brief
Alma Media is a profitable and internationally expanding company with a focus on the future of newspapers and online services. Its best known products are the Aamulehti, Iltalehti, Kauppalehti and Etuovi.com.
Alma Media’s net sales in 2009 totalled MEUR 307.8 with an operating margin of 13.5 per cent. The company’s share (ALN1V) is listed in the NASDAX OMX Helsinki Exchange. Read more at www.almamedia.fi
| ADJUSTMENT OF THE BUSINESS SEGMENT INFORMATION REGARDING FINANCIAL YEARS 2008 AND 2009 | |||||
| REVENUE AND OPERATING PROFIT/LOSS BY SEGMENT | |||||
| UNDER NEW SEGMENT STRUCTRE | |||||
| 2009 | |||||
| REVENUE BY SEGMENT, | 2009 | 2009 | 2009 | 2009 | 2009 |
| MEUR | Q1 | Q2 | Q3 | Q4 | Q1-Q4 |
| Newspapers | |||||
| External | 52.0 | 54.9 | 51.2 | 55.4 | 213.4 |
| Inter-segments | 0.4 | 0.6 | 0.5 | 0.5 | 2.1 |
| Newspapers total | 52.4 | 55.5 | 51.7 | 55.9 | 215.5 |
| Kauppalehti Group | |||||
| External | 16.2 | 16.0 | 14.5 | 15.9 | 62.5 |
| Inter-segments | 0.1 | 0.0 | 0.1 | -0.1 | 0.3 |
| Kauppalehti Group total | 16.2 | 16.0 | 14.6 | 15.8 | 62.8 |
| Marketplaces | |||||
| External | 7.2 | 7.1 | 6.3 | 6.5 | 27.0 |
| Inter-segments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Marketplace total | 7.2 | 7.0 | 6.2 | 6.5 | 27.0 |
| Others | |||||
| External | 1.2 | 1.4 | 1.1 | 1.1 | 4.8 |
| Inter-segments | 17.0 | 17.0 | 16.6 | 17.2 | 67.8 |
| Others total | 18.2 | 18.4 | 17.7 | 18.3 | 72.7 |
| Elimination | -17.6 | -17.6 | -17.2 | -17.6 | -70.2 |
| Total | 76.4 | 79.3 | 73.0 | 79.0 | 307.8 |
| OPERATING PROFIT/LOSS BY SEGMENT, | 2009 | 2009 | 2009 | 2009 | 2009 |
| MEUR * | Q1 | Q2 | Q3 | Q4 | Q1-Q4 |
| Newspapers | 5.2 | 9.2 | 6.5 | 8.8 | 29.7 |
| Kauppalehti Group | 0.6 | 1.4 | 2.3 | 2.3 | 6.7 |
| Marketplaces | -0.2 | -0.2 | 0.0 | -0.3 | -0.7 |
| Other operations | 0.9 | 1.5 | 2.4 | 1.0 | 5.7 |
| Total | 6.5 | 12.0 | 11.1 | 11.8 | 41.4 |
| *) incl. one-time items | |||||
| 2008 | |||||
| REVENUE BY SEGMENT, | 2008 | 2008 | 2008 | 2008 | 2008 |
| MEUR | Q1 | Q2 | Q3 | Q4 | Q1-Q4 |
| Newspapers | |||||
| External | 55.4 | 59.0 | 55.4 | 59.0 | 228.9 |
| Inter-segments | 0.4 | 0.4 | 0.4 | 0.5 | 1.7 |
| Newspapers total | 55.8 | 59.4 | 55.8 | 59.5 | 230.5 |
| Kauppalehti Group | |||||
| External | 18.4 | 19.6 | 16.6 | 19.0 | 73.4 |
| Inter-segments | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 |
| Kauppalehti Group total | 18.5 | 19.5 | 16.5 | 19.0 | 73.5 |
| Marketplaces | |||||
| External | 9.0 | 9.2 | 8.4 | 7.4 | 34.0 |
| Inter-segments | 0.1 | 0.1 | 0.1 | 0.1 | 0.3 |
| Marketplace total | 9.1 | 9.3 | 8.5 | 7.5 | 34.3 |
| Others | |||||
| External | 1.1 | 1.5 | 1.2 | 1.2 | 4.9 |
| Inter-segments | 17.0 | 17.3 | 17.5 | 18.3 | 70.1 |
| Others total | 18.1 | 18.8 | 18.7 | 19.5 | 75.0 |
| Elimination | -17.4 | -17.9 | -18.0 | -19.0 | -72.2 |
| Total | 84.0 | 89.2 | 81.4 | 86.6 | 341.2 |
| OPERATING PROFIT/LOSS BY SEGMENT, MEUR * | |||||
| 2008 | 2008 | 2008 | 2008 | 2008 | |
| Q1 | Q2 | Q3 | Q4 | Q1-Q4 | |
| Newspapers | 7.7 | 10.1 | 7.9 | 8.6 | 34.3 |
| Kauppalehti Group | 2.0 | 3.1 | 2.5 | 2.0 | 9.7 |
| Marketplaces | 1.1 | 0.9 | 1.0 | -1.0 | 2.0 |
| Other operations | 0.8 | 0.9 | 0.9 | -0.2 | 2.3 |
| Total | 11.6 | 15.0 | 12.2 | 9.5 | 48.3 |
| *) incl. one-time items |
| REVENUE AND OPERATING PROFIT/LOSS BY SEGMENT | |||||
| UNDER OLD SEGMENT STRUCTRE | |||||
| 2009 | |||||
| REVENUE BY SEGMENT, | 2009 | 2009 | 2009 | 2009 | 2009 |
| MEUR | Q1 | Q2 | Q3 | Q4 | Q1-Q4 |
| Newspapers | |||||
| External | 52.8 | 56.0 | 51.9 | 56.2 | 216.9 |
| Inter-segments | 1.1 | 1.1 | 1.1 | 1.1 | 4.4 |
| Newspapers total | 53.9 | 57.1 | 53.0 | 57.3 | 221.3 |
| Kauppalehti Group | |||||
| External | 16.2 | 16.0 | 14.5 | 15.9 | 62.5 |
| Inter-segments | 0.1 | 0.1 | 0.1 | -0.1 | 0.3 |
| Kauppalehti Group total | 16.2 | 16.0 | 14.6 | 15.8 | 62.8 |
| Marketplaces | |||||
| External | 7.2 | 7.1 | 6.3 | 6.5 | 27.0 |
| Inter-segments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Marketplace total | 7.2 | 7.0 | 6.2 | 6.5 | 27.0 |
| Others | |||||
| External | 0.4 | 0.3 | 0.4 | 0.3 | 1.4 |
| Inter-segments | 3.6 | 3.9 | 3.5 | 3.5 | 14.5 |
| Others total | 4.0 | 4.2 | 3.9 | 3.8 | 15.9 |
| Elimination | -4.9 | -5.0 | -4.7 | -4.5 | -19.2 |
| Total | 76.4 | 79.3 | 73.0 | 79.0 | 307.8 |
| OPERATING PROFIT/LOSS BY | 2009 | 2009 | 2009 | 2009 | 2009 |
| SEGMENT, MEUR * | Q1 | Q2 | Q3 | Q4 | Q1-Q4 |
| Newspapers | 6.9 | 11.1 | 8.8 | 10.5 | 37.3 |
| Kauppalehti Group | 0.6 | 1.4 | 2.3 | 2.3 | 6.7 |
| Marketplaces | -0.2 | -0.2 | 0.0 | -0.3 | -0.7 |
| Other operations | -0.8 | -0.3 | 0.0 | -0.7 | -1.9 |
| Total | 6.5 | 11.9 | 11.1 | 11.8 | 41.4 |
| *) incl. one-time items | |||||
| 2008 | |||||
| REVENUE BY SEGMENT, | 2008 | 2008 | 2008 | 2008 | 2008 |
| MEUR | Q1 | Q2 | Q3 | Q4 | Q1-Q4 |
| Newspapers | |||||
| External | 56.1 | 60.1 | 56.2 | 59.9 | 232.2 |
| Inter-segments | 1.2 | 1.1 | 1.0 | 1.3 | 4.5 |
| Newspapers total | 57.3 | 61.2 | 57.1 | 61.1 | 236.7 |
| Kauppalehti Group | |||||
| External | 18.4 | 19.6 | 16.6 | 19.0 | 73.4 |
| Inter-segments | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 |
| Kauppalehti Group total | 18.5 | 19.5 | 16.5 | 19.0 | 73.5 |
| Marketplaces | |||||
| External | 9.0 | 9.2 | 8.4 | 7.4 | 34.0 |
| Inter-segments | 0.1 | 0.1 | 0.1 | 0.1 | 0.3 |
| Marketplace total | 9.1 | 9.3 | 8.5 | 7.5 | 34.3 |
| Others | |||||
| External | 0.4 | 0.4 | 0.4 | 0.3 | 1.6 |
| Inter-segments | 3.0 | 3.2 | 3.5 | 3.8 | 13.5 |
| Others total | 3.4 | 3.6 | 3.9 | 4.2 | 15.1 |
| Elimination | -4.3 | -4.4 | -4.5 | -5.2 | -18.4 |
| Total | 84.0 | 89.2 | 81.4 | 86.6 | 341.2 |
| OPERATING PROFIT/LOSS BY SEGMENT, | 2008 | 2008 | 2008 | 2008 | 2008 |
| MEUR * | Q1 | Q2 | Q3 | Q4 | Q1-Q4 |
| Newspapers | 9.3 | 11.8 | 10.0 | 10.5 | 41.5 |
| Kauppalehti Group | 2.0 | 3.1 | 2.5 | 2.0 | 9.7 |
| Marketplaces | 1.1 | 0.9 | 1.0 | -1.0 | 2.0 |
| Other operations | -0.8 | -0.8 | -1.2 | -2.0 | -4.9 |
| Total | 11.6 | 15.0 | 12.2 | 9.5 | 48.3 |
| *) incl. one-time items |
| CHANGES IN REVENUE AND OPERATING PROFIT/LOSS | |||||
| BY SEGMENT | |||||
| 2009 | |||||
| REVENUE BY SEGMENT, | 2009 | 2009 | 2009 | 2009 | 2009 |
| MEUR | Q1 | Q2 | Q3 | Q4 | Q1-Q4 |
| Newspapers | |||||
| External | -0.8 | -1.1 | -0.7 | -0.8 | -3.4 |
| Inter-segments | -0.7 | -0.5 | -0.5 | -0.6 | -2.3 |
| Newspapers total | -1.5 | -1.6 | -1.2 | -1.4 | -5.8 |
| Kauppalehti Group | |||||
| External | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Inter-segments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Kauppalehti Group total | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Marketplaces | |||||
| External | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Inter-segments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Marketplace total | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Others | |||||
| External | 0.8 | 1.1 | 0.7 | 0.8 | 3.4 |
| Inter-segments | 13.4 | 13.1 | 13.1 | 13.7 | 53.3 |
| Others total | 14.2 | 14.2 | 13.8 | 14.5 | 56.7 |
| Elimination | -12.7 | -12.6 | -12.5 | -13.1 | -51.0 |
| Total | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| OPERATING PROFIT/LOSS BY | 2009 | 2009 | 2009 | 2009 | 2009 |
| SEGMENT, MEUR * | Q1 | Q2 | Q3 | Q4 | Q1-Q4 |
| Newspapers | -1.7 | -1.8 | -2.4 | -1.7 | -7.5 |
| Kauppalehti Group | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Marketplaces | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Other operations | 1.7 | 1.8 | 2.4 | 1.7 | 7.5 |
| Total | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| 2008 | |||||
| REVENUE BY SEGMENT, | 2008 | 2008 | 2008 | 2008 | 2008 |
| MEUR | Q1 | Q2 | Q3 | Q4 | Q1-Q4 |
| Newspapers | |||||
| External | -0.7 | -1.0 | -0.8 | -0.8 | -3.4 |
| Inter-segments | -0.8 | -0.7 | -0.6 | -0.7 | -2.8 |
| Newspapers total | -1.6 | -1.8 | -1.3 | -1.6 | -6.2 |
| Kauppalehti Group | |||||
| External | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Inter-segments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Kauppalehti Group total | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Marketplaces | |||||
| External | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Inter-segments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Marketplace total | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Others | |||||
| External | 0.7 | 1.0 | 0.8 | 0.8 | 3.4 |
| Inter-segments | 13.9 | 14.2 | 14.0 | 14.5 | 56.6 |
| Others total | 14.7 | 15.2 | 14.8 | 15.3 | 60.0 |
| Elimination | -13.1 | -13.5 | -13.5 | -13.8 | -53.8 |
| Total | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| OPERATING PROFIT/LOSS BY | 2008 | 2008 | 2008 | 2008 | 2008 |
| SEGMENT, MEUR * | Q1 | Q2 | Q3 | Q4 | Q1-Q4 |
| Newspapers | -1.6 | -1.7 | -2.1 | -1.9 | -7.3 |
| Kauppalehti Group | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Marketplaces | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Other operations | 1.6 | 1.7 | 2.1 | 1.8 | 7.3 |
| Total | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| *) incl. one-time items |
| 2. KEY FIGURES BY SEGMENT | |||||
| KEY FIGURES BY SEGMENT UNDER NEW SEGMENT STRUCTURE | |||||
| 2009 | |||||
| NEWSPAPERS | 2009 | 2009 | 2009 | 2009 | 2009 |
| Key figures, MEUR | Q1 | Q2 | Q3 | Q4 | Q1-Q4 |
| Revenue | 52.4 | 55.5 | 51.7 | 55.9 | 215.5 |
| Circulation revenue | 26.9 | 27.2 | 28.5 | 27.2 | 109.9 |
| Media advertising revenue | 24.4 | 27.3 | 22.2 | 27.4 | 101.3 |
| Other revenue | 1.0 | 1.0 | 1.1 | 1.3 | 4.4 |
| Operating profit | 5.2 | 9.2 | 6.5 | 8.8 | 29.7 |
| Operating profit, % | 9.9 | 16.7 | 12.5 | 15.8 | 13.8 |
| Operating profit without one-time items | 5.9 | 9.4 | 6.9 | 8.6 | 30.8 |
| Operating profit without one-time items, % | 11.3 | 16.8 | 13.4 | 15.4 | 14.3 |
| Average no. of personnel, calculated as full-time employees excl. delivery staff |
1,002 | 1,015 | 1,021 | 1,002 | 1,002 |
| Average no. of delivery staff |
365 | 370 | 377 | 370 | 370 |
| KAUPPALEHTI GROUP | 2009 | 2009 | 2009 | 2009 | 2009 |
| Key figures, MEUR | Q1 | Q2 | Q3 | Q4 | Q1-Q4 |
| Revenue | 16.2 | 16.2 | 14.6 | 15.8 | 62.8 |
| Circulation revenue | 3.8 | 3.5 | 4.0 | 4.0 | 15.4 |
| Media advertising revenue | 4.3 | 4.0 | 3.0 | 5.0 | 16.3 |
| Other Revenue | 8.1 | 8.6 | 7.5 | 6.8 | 31.0 |
| Operating profit | 0.6 | 1.4 | 2.3 | 2.3 | 6.7 |
| Operating profit, % | 4.0 | 9.0 | 15.5 | 14.8 | 10.7 |
| Operating profit without one-time items |
0.9 | 1.6 | 2.3 | 2.0 | 6.7 |
| Operating margin without one-time items, % |
5.6 | 9.6 | 15.5 | 12.5 | 10.7 |
| Average no. of personnel, calculated as full-time employees |
488 | 490 | 477 | 453 | 477 |
| MARKETPLACES | 2009 | 2009 | 2009 | 2009 | 2009 |
| Key figures, MEUR | Q1 | Q2 | Q3 | Q4 | Q1-Q4 |
| Revenue | 7.2 | 7.0 | 6.2 | 6.5 | 27.0 |
| Operations in Finland | 6.0 | 5.9 | 5.2 | 5.4 | 22.4 |
| Operations outside Finland | 1.2 | 1.2 | 1.1 | 1.1 | 4.7 |
| Operating profit | -0.2 | -0.2 | 0.0 | -0.3 | -0.7 |
| Operating margin, % | -2.8 | -3.2 | 0.7 | -4.3 | -2.5 |
| Operating profit without one-time items |
-0.2 | -0.2 | 0.2 | -0.3 | -0.5 |
| Operating margin without one-time items, % |
-2.6 | -3.2 | 2.4 | -4.5 | -2.0 |
| Average no. of personnel, calculated as full-time employees |
230 | 202 | 189 | 178 | 200 |
| 2008 | |||||
| NEWSPAPERS | 2008 | 2008 | 2008 | 2008 | 2008 |
| Key figures, MEUR | Q1 | Q2 | Q3 | Q4 | Q1-Q4 |
| Revenue | 55.8 | 59.4 | 55.8 | 59.5 | 230.5 |
| Circulation revenue | 26.4 | 26.9 | 28.3 | 27.1 | 108.6 |
| Media advertising revenue | 28.5 | 31.5 | 26.5 | 31.3 | 117.7 |
| Other revenue | 0.9 | 1.0 | 1.1 | 1.2 | 4.2 |
| Operating profit | 7.7 | 10.1 | 7.9 | 8.6 | 34.3 |
| Operating profit, % | 13.8 | 17.0 | 14.1 | 14.5 | 14.9 |
| Operating profit without one-time items | 7.7 | 10.1 | 7.9 | 8.6 | 34.3 |
| Operating profit without one-time items, % | 13.8 | 17.0 | 14.1 | 14.5 | 14.9 |
| Average no. of personnel, calculated as full-time employees excl. delivery staff |
1,012 | 1,032 | 1,051 | 1,042 | 1,042 |
| Average no. of delivery staff |
349 | 355 | 363 | 361 | 361 |
| KAUPPALEHTI GROUP | 2008 | 2008 | 2008 | 2008 | 2008 |
| Key figures, MEUR | Q1 | Q2 | Q3 | Q4 | Q1-Q4 |
| Revenue | 18.5 | 19.5 | 16.4 | 19.0 | 73.5 |
| Circulation revenue | 3.8 | 3.7 | 3.8 | 4.1 | 15.5 |
| Media advertising revenue | 5.8 | 5.8 | 4.7 | 5.8 | 22.2 |
| Other Revenue | 8.8 | 10.0 | 7.9 | 9.0 | 35.8 |
| Operating profit | 2.0 | 3.1 | 2.5 | 2.0 | 9.7 |
| Operating profit, % | 10.6 | 16.1 | 15.4 | 10.8 | 13.2 |
| Operating profit without one-time items |
2.0 | 3.1 | 2.5 | 2.0 | 9.7 |
| Operating margin without one-time items, % |
10.6 | 16.1 | 15.4 | 10.8 | 13.2 |
| Average no. of personnel, calculated as full-time employees |
497 | 501 | 503 | 494 | 499 |
| MARKETPLACES | 2008 | 2008 | 2008 | 2008 | 2008 |
| Key figures, MEUR | Q1 | Q2 | Q3 | Q4 | Q1-Q4 |
| Revenue | 9.0 | 9.3 | 8.5 | 7.5 | 34.3 |
| Operations in Finland | 7.6 | 7.6 | 6.9 | 6.0 | 28.1 |
| Operations outside Finland | 1.5 | 1.8 | 1.6 | 1.4 | 6.3 |
| Operating profit | 1.1 | 0.9 | 1.0 | -1.0 | 2.0 |
| Operating margin, % | 12.4 | 9.5 | 11.5 | -13.2 | 5.9 |
| Operating profit without one-time items |
1.1 | 0.9 | 1.0 | -1.0 | 2.0 |
| Operating margin without one-time items, % |
12.5 | 9.4 | 11.5 | -13.2 | 5.9 |
| Average no. of personnel, calculated as full-time employees |
199 | 211 | 220 | 234 | 216 |
| KEY FIGURES BY SEGMENT UNDER OLD SEGMENT STRUCTURE | |||||
| 2009 | |||||
| NEWSPAPERS | 2009 | 2009 | 2009 | 2009 | 2009 |
| Key figures, MEUR | Q1 | Q2 | Q3 | Q4 | Q1-Q4 |
| Revenue | 53.9 | 57.1 | 53.0 | 57.3 | 221.3 |
| Circulation revenue | 26.9 | 27.2 | 28.5 | 27.2 | 109.9 |
| Media advertising revenue | 24.4 | 27.3 | 22.2 | 27.4 | 101.3 |
| Other revenue | 2.5 | 2.6 | 2.3 | 2.7 | 10.2 |
| Operating profit | 6.9 | 11.1 | 8.8 | 10.5 | 37.3 |
| Operating profit, % | 12.8 | 19.4 | 16.7 | 18.3 | 16.8 |
| Operating profit without one-time items | 7.6 | 11.2 | 9.3 | 10.3 | 38.4 |
| Operating profit without one-time items, % | 14.1 | 19.6 | 17.5 | 17.9 | 17.3 |
| Average no. of personnel, calculated as full-time employees excl. delivery staff |
1,152 | 1,176 | 1,185 | 1,084 | 1,149 |
| Average no. of delivery staff |
937 | 998 | 1,045 | 894 | 969 |
| KAUPPALEHTI GROUP | 2009 | 2009 | 2009 | 2009 | 2009 |
| Key figures, MEUR | Q1 | Q2 | Q3 | Q4 | Q1-Q4 |
| Revenue | 16.2 | 16.0 | 14.6 | 15.8 | 62.8 |
| Circulation revenue | 5.9 | 5.6 | 5.9 | 6.1 | 23.5 |
| Media advertising revenue | 4.3 | 4.0 | 3.0 | 5.0 | 16.3 |
| Other Revenue | 6.0 | 6.4 | 5.6 | 4.7 | 23.0 |
| Operating profit | 0.6 | 1.4 | 2.3 | 2.3 | 6.7 |
| Operating profit, % | 4.0 | 9.0 | 15.5 | 14.8 | 10.7 |
| Operating profit without one-time items |
0.9 | 1.6 | 2.3 | 2.0 | 6.7 |
| Operating margin without one-time items, % |
5.6 | 9.6 | 15.5 | 12.5 | 10.7 |
| Average no. of personnel, calculated as full-time employees |
488 | 490 | 477 | 453 | 477 |
| MARKETPLACES | 2009 | 2009 | 2009 | 2009 | 2009 |
| Key figures, MEUR | Q1 | Q2 | Q3 | Q4 | Q1-Q4 |
| Revenue | 7.2 | 7.0 | 6.2 | 6.5 | 27.0 |
| Operations in Finland | 6.0 | 5.9 | 5.2 | 5.4 | 22.4 |
| Operations outside Finland | 1.2 | 1.1 | 1.1 | 1.1 | 4.7 |
| Operating profit | -0.2 | -0.2 | 0.0 | -0.3 | -0.7 |
| Operating margin, % | -2.8 | -3.2 | 0.7 | -4.3 | -2.5 |
| Operating profit without one-time items |
-0.2 | -0.2 | 0.2 | -0.3 | -0.5 |
| Operating margin without one-time items, % |
-2.8 | -3.2 | 2.4 | -4.5 | -2.0 |
| Average no. of personnel, calculated as full-time employees |
230 | 202 | 189 | 178 | 200 |
| 2008 | |||||
| NEWSPAPERS | 2008 | 2008 | 2008 | 2008 | 2008 |
| Key figures, MEUR | Q1 | Q2 | Q3 | Q4 | Q1-Q4 |
| Revenue | 57.3 | 61.2 | 57.1 | 61.1 | 236.7 |
| Circulation revenue | 26.4 | 26.9 | 28.3 | 27.1 | 108.6 |
| Media advertising revenue | 28.5 | 31.5 | 26.5 | 31.3 | 117.7 |
| Other revenue | 2.5 | 2.8 | 2.4 | 2.7 | 10.4 |
| Operating profit | 9.3 | 11.8 | 10 | 10.5 | 41.5 |
| Operating profit, % | 16.3 | 19.2 | 17.4 | 17.2 | 17.5 |
| Operating profit without one-time items | 9.3 | 11.8 | 10 | 10.5 | 41.5 |
| Operating profit without one-time items, % | 16.3 | 19.2 | 17.4 | 17.2 | 17.5 |
| Average no. of personnel, calculated as full-time employees excl. delivery staff |
1167 | 1210 | 1244 | 1169 | 1197 |
| Average no. of delivery staff |
937 | 980 | 1045 | 910 | 968 |
| KAUPPALEHTI GROUP | 2008 | 2008 | 2008 | 2008 | 2008 |
| Key figures, MEUR | Q1 | Q2 | Q3 | Q4 | Q1-Q4 |
| Revenue | 18.5 | 19.5 | 16.5 | 19 | 73.5 |
| Circulation revenue | 6.2 | 6.3 | 5.9 | 6.5 | 24.8 |
| Media advertising revenue | 5.8 | 5.8 | 4.7 | 5.9 | 22.2 |
| Other Revenue | 6.5 | 7.5 | 5.9 | 6.6 | 26.7 |
| Operating profit | 2 | 3.1 | 2.5 | 2 | 9.7 |
| Operating profit, % | 10.6 | 16.1 | 15.4 | 10.7 | 13.2 |
| Operating profit without one-time items |
2 | 3.1 | 2.5 | 2 | 9.7 |
| Operating margin without one-time items, % |
10.6 | 16.1 | 15.4 | 10.8 | 13.2 |
| Average no. of personnel, calculated as full-time employees |
497 | 501 | 503 | 494 | 499 |
| MARKETPLACES | 2008 | 2008 | 2008 | 2008 | 2008 |
| Key figures, MEUR | Q1 | Q2 | Q3 | Q4 | Q1-Q4 |
| Revenue | 9.1 | 9.4 | 8.4 | 7.5 | 34.3 |
| Operations in Finland | 7.6 | 7.6 | 6.9 | 6 | 28 |
| Operations outside Finland | 1.5 | 1.8 | 1.5 | 1.5 | 6.3 |
| Operating profit | 1.1 | 0.9 | 1 | -1 | 2 |
| Operating margin, % | 12.5 | 9.4 | 11.6 | -13 | 5.9 |
| Operating profit without one-time items |
1.1 | 0.9 | 1 | -1 | 2 |
| Operating margin without one-time items, % |
12.5 | 9.4 | 11.6 | -13.2 | 5.9 |
| Average no. of personnel, calculated as full-time employees |
199 | 211 | 220 | 234 | 216 |
| CHANGES IN KEY FIGURES BY SEGMENT | |||||
| 2009 | |||||
| NEWSPAPERS | 2009 | 2009 | 2009 | 2009 | 2009 |
| Key figures, MEUR | Q1 | Q2 | Q3 | Q4 | Q1-Q4 |
| Revenue | -1.5 | -1.6 | -1.2 | -1.4 | -5.8 |
| Circulation revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Media advertising revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Other revenue | -1.5 | -1.6 | -1.2 | -1.4 | -5.8 |
| Operating profit | -1.7 | -1.8 | -2.4 | -1.7 | -7.5 |
| Operating profit without one-time items | -1.7 | -1.8 | -2.4 | -1.7 | -7.5 |
| Average no. of personnel, calculated as full-time employees excl. delivery staff |
-151 | -161 | -164 | -82 | -147 |
| Average no. of delivery staff |
-573 | -628 | -668 | -525 | -599 |
| KAUPPALEHTI GROUP | 2009 | 2009 | 2009 | 2009 | 2009 |
| Key figures, MEUR | Q1 | Q2 | Q3 | Q4 | Q1-Q4 |
| Revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Circulation revenue | -2.0 | -2.2 | -1.9 | -2.1 | -8.1 |
| Media advertising revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Other Revenue | 2.0 | 2.2 | 1.9 | 2.1 | 8.1 |
| Operating profit | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Operating profit without one-time items |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Average no. of personnel, calculated as full-time employees |
0 | 0 | 0 | 0 | 0 |
| MARKETPLACES | 2009 | 2009 | 2009 | 2009 | 2009 |
| Key figures, MEUR | Q1 | Q2 | Q3 | Q4 | Q1-Q4 |
| Revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Operations in Finland | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Operations outside Finland | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Operating profit | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Operating profit without one-time items |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Average no. of personnel, calculated as full-time employees |
0 | 0 | 0 | 0 | 0 |
| 2008 | |||||
| NEWSPAPERS | 2008 | 2008 | 2008 | 2008 | 2008 |
| Key figures, MEUR | Q1 | Q2 | Q3 | Q4 | Q1-Q4 |
| Revenue | -1.6 | -1.8 | -1.3 | -1.6 | -6.2 |
| Circulation revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Media advertising revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Other revenue | -1.6 | -1.8 | -1.4 | -1.6 | -6.2 |
| Operating profit | -1.6 | -1.7 | -2.1 | -1.9 | -7.3 |
| Operating profit without one-time items | -1.6 | -1.7 | -2.1 | -1.9 | -7.3 |
| Average no. of personnel, calculated as full-time employees excl. delivery staff |
-155 | -178 | -193 | -127 | -155 |
| Average no. of delivery staff |
-588 | -625 | -682 | -549 | -607 |
| KAUPPALEHTI GROUP | 2008 | 2008 | 2008 | 2008 | 2008 |
| Key figures, MEUR | Q1 | Q2 | Q3 | Q4 | Q1-Q4 |
| Revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Circulation revenue | -2.3 | -2.5 | -2.0 | -2.4 | -9.3 |
| Media advertising revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Other Revenue | 2.3 | 2.5 | 2.0 | 2.4 | 9.3 |
| Operating profit | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Operating profit without one-time items |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Average no. of personnel, calculated as full-time employees |
0 | 0 | 0 | 0 | 0 |
| MARKETPLACES | 2008 | 2008 | 2008 | 2008 | 2008 |
| Key figures, MEUR | Q1 | Q2 | Q3 | Q4 | Q1-Q4 |
| Revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Operations in Finland | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Operations outside Finland | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Operating profit | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Operating profit without one-time items |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Average no. of personnel, calculated as full-time employees |
0 | 0 | 0 | 0 | 0 |
| 3. ASSETS, LIABILITIES AND CAPITAL EXPENDITURE BY SEGMENT | ||||
| ASSETS, LIABILITIES AND CAPITAL EXPENDITURE BY SEGMENT | ||||
| UNDER NEW SEGMENT STRUCTRE | ||||
| 2009 | ||||
| ASSETS BY SEGMENT, MEUR | Mar 31 2009 | Jun 30 2009 | Sep 30 2009 | Dec 31 2009 |
| Newspapers | 44.0 | 43.7 | 43.6 | 45.4 |
| Kauppalehti Group | 53.7 | 47.3 | 49.6 | 41.3 |
| Marketplaces | 14.3 | 13.3 | 13.2 | 13.0 |
| Other operations and eliminations |
33.5 | 33.0 | 32.1 | 29.9 |
| Non-allocated assets | 35.2 | 18.6 | 16.9 | 25.9 |
| Total | 180.7 | 156.0 | 155.4 | 155.5 |
| LIABILITIES BY SEGMENT, MEUR | Mar 31 2009 | Jun 30 2009 | Sep 30 2009 | Dec 31 2009 |
| Newspapers | 36.8 | 32.1 | 27.2 | 24.9 |
| Kauppalehti Group | 15.9 | 13.2 | 11.4 | 9.8 |
| Marketplaces | 4.1 | 3.5 | 3.2 | 3.5 |
| Other operations and eliminations |
14.3 | 12.1 | 12.1 | 12.6 |
| Non-allocated liabilities | 39.2 | 17.0 | 14.6 | 8.7 |
| Total | 110.4 | 77.9 | 68.6 | 59.5 |
| GROUP CAPITAL EXPENDITURE, MEUR | 2009 | 2009 | 2009 | 2009 |
| Q1 | Q2 | Q3 | Q4 | |
| Newspapers | 0.5 | 0.5 | 0.7 | 0.2 |
| Kauppalehti Group | 0.3 | 0.3 | 0.1 | 1.9 |
| Marketplaces | 0.2 | 0.3 | 0.1 | 0.1 |
| Others | 0.6 | 0.5 | 1.2 | 0.8 |
| Total | 1.5 | 1.4 | 2.2 | 3.0 |
| 2008 | ||||
| ASSETS BY SEGMENT, MEUR | Mar 31 2008 | Jun 30 2008 | Sep 30 2008 | Dec 31 2008 |
| Newspapers | 46.0 | 46.5 | 43.2 | 45.8 |
| Kauppalehti Group | 58.4 | 54.0 | 55.2 | 52.3 |
| Marketplaces | 16.8 | 16.7 | 16.6 | 15.2 |
| Other operations and eliminations |
42.8 | 42.6 | 40.9 | 32.2 |
| Non-allocated assets | 16.9 | 10.5 | 10.7 | 21.4 |
| Total | 180.9 | 170.3 | 166.5 | 166.9 |
| LIABILITIES BY SEGMENT, MEUR | Mar 31 2008 | Jun 30 2008 | Sep 30 2008 | Dec 31 2008 |
| Newspapers | 37.4 | 32.9 | 28.9 | 25.3 |
| Kauppalehti Group | 15.3 | 13.5 | 12.4 | 11.8 |
| Marketplaces | 4.2 | 4.3 | 4.0 | 4.2 |
| Other operations and eliminations |
17.7 | 12.9 | 12.8 | 14.2 |
| Non-allocated liabilities | 45.5 | 34.7 | 28.0 | 22.9 |
| Total | 120.2 | 98.3 | 86.1 | 78.4 |
| GROUP CAPITAL EXPENDITURE, MEUR | 2008 | 2008 | 2008 | 2008 |
| Q1 | Q2 | Q3 | Q4 | |
| Newspapers | 1.0 | 1.8 | 0.8 | 1.0 |
| Kauppalehti Group | 0.4 | 0.4 | 0.3 | 0.3 |
| Marketplaces | 0.3 | 0.5 | 0.4 | 0.9 |
| Others | 4.6 | 1.2 | 0.1 | 0.7 |
| Total | 6.2 | 3.9 | 1.5 | 2.9 |
| ASSETS, LIABILITIES AND CAPITAL EXPENDITURE BY SEGMENT | ||||
| UNDER OLD SEGMENT STRUCTRE | ||||
| 2009 | ||||
| ASSETS BY SEGMENT, MEUR | Mar 31 2009 | Jun 30 2009 | Sep 30 2009 | Dec 31 2009 |
| Newspapers | 65.3 | 64.1 | 63.4 | 65.3 |
| Kauppalehti Group | 53.7 | 47.3 | 49.6 | 41.3 |
| Marketplaces | 14.3 | 13.3 | 13.2 | 13.0 |
| Other operations and eliminations |
12.2 | 12.6 | 12.3 | 10.0 |
| Non-allocated assets | 35.2 | 18.6 | 16.9 | 25.9 |
| Total | 180.7 | 156.0 | 155.4 | 155.5 |
| LIABILITIES BY SEGMENT, MEUR | Mar 31 2009 | Jun 30 2009 | Sep 30 2009 | Dec 31 2009 |
| Newspapers | 43.9 | 38.6 | 33.3 | 31.7 |
| Kauppalehti Group | 15.9 | 13.2 | 11.4 | 9.8 |
| Marketplaces | 4.1 | 3.5 | 3.2 | 3.5 |
| Other operations and eliminations |
7.3 | 5.6 | 6.1 | 5.8 |
| Non-allocated liabilities | 39.2 | 17.0 | 14.6 | 8.7 |
| Total | 110.4 | 77.9 | 68.6 | 59.5 |
| GROUP CAPITAL EXPENDITURE, MEUR | 2009 | 2009 | 2009 | 2009 |
| Q1 | Q2 | Q3 | Q4 | |
| Newspapers | 0.9 | 0.6 | 1.0 | 0.8 |
| Kauppalehti Group | 0.3 | 0.3 | 0.1 | 1.9 |
| Marketplaces | 0.2 | 0.3 | 0.1 | 0.1 |
| Others | 0.1 | 0.3 | 1.0 | 0.2 |
| Total | 1.5 | 1.4 | 2.2 | 3.0 |
| 2008 | ||||
| ASSETS BY SEGMENT, MEUR | Mar 31 2008 | Jun 30 2008 | Sep 30 2008 | Dec 31 2008 |
| Newspapers | 69.6 | 69.4 | 65.4 | 67.5 |
| Kauppalehti Group | 58.4 | 54.0 | 55.2 | 52.3 |
| Marketplaces | 16.8 | 16.7 | 16.6 | 15.2 |
| Other operations and eliminations |
19.2 | 19.7 | 18.6 | 10.5 |
| Non-allocated assets | 16.9 | 10.5 | 10.7 | 21.4 |
| Total | 180.9 | 170.3 | 166.5 | 166.9 |
| LIABILITIES BY SEGMENT, MEUR | Mar 31 2008 | Jun 30 2008 | Sep 30 2008 | Dec 31 2008 |
| Newspapers | 45.4 | 40.2 | 35.8 | 32.7 |
| Kauppalehti Group | 15.3 | 13.5 | 12.4 | 11.8 |
| Marketplaces | 4.2 | 4.3 | 4.0 | 4.2 |
| Other operations and eliminations |
9.8 | 5.6 | 5.9 | 6.8 |
| Non-allocated liabilities | 45.5 | 34.7 | 28.0 | 22.9 |
| Total | 120.2 | 98.3 | 86.1 | 78.4 |
| GROUP CAPITAL EXPENDITURE, MEUR | 2008 | 2008 | 2008 | 2008 |
| Q1 | Q2 | Q3 | Q4 | |
| Newspapers | 5.4 | 2.1 | 0.7 | 1.3 |
| Kauppalehti Group | 0.4 | 0.4 | 0.3 | 0.3 |
| Marketplaces | 0.3 | 0.5 | 0.4 | 0.9 |
| Others | 0.1 | 0.9 | 0.1 | 0.4 |
| Total | 6.2 | 3.9 | 1.5 | 2.9 |
| CHANGES IN ASSETS, LIABILITIES AND CAPITAL EXPENDITURE BY SEGMENT | ||||
| 2009 | ||||
| ASSETS BY SEGMENT, MEUR | Mar 31 2009 | Jun 30 2009 | Sep 30 2009 | Dec 31 2009 |
| Newspapers | -21.2 | -20.4 | -19.8 | -19.9 |
| Kauppalehti Group | 0.0 | 0.0 | 0.0 | 0.0 |
| Marketplaces | 0.0 | 0.0 | 0.0 | 0.0 |
| Other operations and eliminations |
21.2 | 20.4 | 19.8 | 19.9 |
| Non-allocated assets | 0.0 | 0.0 | 0.0 | 0.0 |
| Total | 0.0 | 0.0 | 0.0 | 0.0 |
| LIABILITIES BY SEGMENT, MEUR | Mar 31 2009 | Jun 30 2009 | Sep 30 2009 | Dec 31 2009 |
| Newspapers | -7.1 | -6.5 | -6.0 | -6.8 |
| Kauppalehti Group | 0.0 | 0.0 | 0.0 | 0.0 |
| Marketplaces | 0.0 | 0.0 | 0.0 | 0.0 |
| Other operations and eliminations |
7.1 | 6.5 | 6.0 | 6.8 |
| Non-allocated liabilities | 0.0 | 0.0 | 0.0 | 0.0 |
| Total | 0.0 | 0.0 | 0.0 | 0.0 |
| GROUP CAPITAL EXPENDITURE, MEUR | 2009 | 2009 | 2009 | 2009 |
| Q1 | Q2 | Q3 | Q4 | |
| Newspapers | -0.4 | -0.2 | -0.2 | -0.6 |
| Kauppalehti Group | 0.0 | 0.0 | 0.0 | 0.0 |
| Marketplaces | 0.0 | 0.0 | 0.0 | 0.0 |
| Others | 0.4 | 0.2 | 0.2 | 0.6 |
| Total | 0.0 | 0.0 | 0.0 | 0.0 |
| 2008 | ||||
| ASSETS BY SEGMENT, MEUR | Mar 31 2008 | Jun 30 2008 | Sep 30 2008 | Dec 31 2008 |
| Newspapers | -23.6 | -22.9 | -22.2 | -21.7 |
| Kauppalehti Group | 0.0 | 0.0 | 0.0 | 0.0 |
| Marketplaces | 0.0 | 0.0 | 0.0 | 0.0 |
| Other operations and eliminations |
23.6 | 22.9 | 22.2 | 21.7 |
| Non-allocated assets | 0.0 | 0.0 | 0.0 | 0.0 |
| Total | 0.0 | 0.0 | 0.0 | 0.0 |
| LIABILITIES BY SEGMENT, MEUR | Mar 31 2008 | Jun 30 2008 | Sep 30 2008 | Dec 31 2008 |
| Newspapers | -7.9 | -7.3 | -6.9 | -7.4 |
| Kauppalehti Group | 0.0 | 0.0 | 0.0 | 0.0 |
| Marketplaces | 0.0 | 0.0 | 0.0 | 0.0 |
| Other operations and eliminations |
7.9 | 7.3 | 6.9 | 7.4 |
| Non-allocated liabilities | 0.0 | 0.0 | 0.0 | 0.0 |
| Total | 0.0 | 0.0 | 0.0 | 0.0 |
| GROUP CAPITAL EXPENDITURE, MEUR | 2008 | 2008 | 2008 | 2008 |
| Q1 | Q2 | Q3 | Q4 | |
| Newspapers | -4.5 | -0.3 | 0.1 | -0.3 |
| Kauppalehti Group | 0.0 | 0.0 | 0.0 | 0.0 |
| Marketplaces | 0.0 | 0.0 | 0.0 | 0.0 |
| Others | 4.5 | 0.3 | -0.1 | 0.3 |
| Total | 0.0 | 0.0 | 0.0 | 0.0 |
- Published: 27.4.2010 16:05
- Category: Releases, Stock exchange release