Alma Media’s long-term financial targets

Alma Media Corporation     Stock Exchange Release     25 November 2013 at 13:15 (EET)

ALMA MEDIA’S LONG-TERM FINANCIAL TARGETS  

Alma Media is publishing its long-term financial targets to support the company’s strategic communications. The company’s long-term financial targets are as follows:

    – annual growth in the digital business over 15%
    – return on investment (ROI) over 15% per year 
    – dividend over 50% of earnings per share  

“Our financial targets reflect the priorities of Alma Media’s strategy and business development. The long-term targets are reached by developing digital media and service business and improving the quality and cost efficiency of publishing activity,” says Kai Telanne, President and CEO of Alma Media.

“In order to support growth, Alma Media aims to allocate investments, repayment of debt and distribution of profit optimally from the company’s and investors’ point of view. On average, we will distribute over one half of the financial result for the period as dividends,” Telanne continues.

Alma Media maintains its outlook given in the interim report published on 19 July 2013, according to which it expects the revenue and the operating profit excluding non-recurring items for the second half of 2013 and the full year to decline compared to the corresponding periods in 2012. Revenue for the second half of 2012 was MEUR 157.9 and operating profit excluding non-recurring items MEUR 17.4. Full-year revenue for 2012 amounted to MEUR 320.1 and operating profit excluding non-recurring items was MEUR 33.5.

Alma Media will provide additional information on its financial targets and outline the company’s future strategy at its Capital Markets Day in Helsinki on 27 November 2013.

ALMA MEDIA CORPORATION

Rauno Heinonen
Vice President, Corporate Communications and IR

For more information, please contact:
Juha Nuutinen, CFO, Alma Media Corporation, tel. +358 10 665 3873

Distribution: NASDAQ OMX Helsinki
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Alma Media in brief


Alma Media is a media company focusing on digital services and publishing. In addition to news services, the company’s products provide useful information related to lifestyle, career and business development. The services of Alma Media have expanded from Finland to the Nordic countries, the Baltics and Central Europe. The company employs approximately 1,900 professionals (excluding distributors), of whom over 20% work outside Finland. Alma Media’s revenue in 2012 totalled approximately MEUR 320. Alma Media’s share is listed on NASDAQ OMX Helsinki. Read more at www.almamedia.com.

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