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Keskisuomalainen

9.56 EUR-2.05 %8/9 17:21
3,366 following

KSL

NASDAQ Helsinki

Media & Entertainment

Consumer Goods & Services

Overview
Financials & Estimates
Dividend
Investor views
Compare
-2.05 %
-4.40 %
-0.42 %
-6.27 %
+11.16 %
+21.01 %
+3.02 %
-43.76 %
-70.13 %

Keskisuomalainen operates in the media industry. Its main business is focused on newspaper publishing and related materials. The group includes several brands. In addition to newspaper publishing, the company also offers printing and distribution services, as well as marketing services to small and medium-sized business customers. The company has its headquarters in Jyväskylä.

Read more
Market cap
104.76M EUR
Turnover
1.55K EUR
P/E (adj.) (26e)
13.92
EV/EBIT (adj.) (26e)
15.66
P/B (26e)
1.85
EV/S (26e)
0.77
Dividend yield-% (26e)
7.85 %
Coverage
Recommendation
Reduce
Target price
10.00 EUR
Updated
2026-08-28
Disclaimer
Arttu Heikura
Arttu Heikura

Analyst

Latest research

Latest analysis report

Released: 2026-08-28

Latest extensive report

Released: 2026-06-10

Revenue and EBIT-%
EPS and dividend
Financial calendar
Risk
Business risk
Valuation risk
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Forum discussions
Arttu and Miksu discussed Keskisuomalainen in connection with the extensive report Topics: (00:00) Introduction (00:20) Finland’s largest local media group (03:55) Sustainability of the earnings improvement in the distribution business (05:58) Digital transition still in progress...
6/12/2026, 6:04 AM
by Sijoittaja-alokas
3
Here are Petri’s comments on media advertising in May. According to statistics published by Fifty5Blue (formerly Kantar), the volume of media advertising in Finland fell by a moderate 2% from the comparison period in May. Thus, the rate of decline in media advertising returned to...
6/22/2026, 5:44 AM
by Sijoittaja-alokas
2
Here is the company report on Keskisuomalainen regarding H1 by Arttu Keskisuomalainen’s H1 was weaker than we anticipated. In our view, the clearest factor weighing on cost efficiency was the significant volume decline in the Distribution business. We believe the company will return...
8/28/2026, 5:34 AM
by Sijoittaja-alokas
1
Here is a company report from Arttu following Keskisuomalainen’s profit warning: Keskisuomalainen significantly lowered its revenue and earnings outlook relative to our previous forecasts. Based on this, we have lowered our forecasts, which leads us to revise our target price to ...
8/25/2026, 5:58 AM
by Sijoittaja-alokas
1
Here are the preliminary comments from Arttu ahead of Keskisuomalainen’s H1 results, which will be released next Thursday We expect the company’s revenue and operating profit to have declined from an exceptionally strong comparison period, which was supported by double elections ...
8/20/2026, 5:14 AM
by Sijoittaja-alokas
1
Arttu has completed a comprehensive report on Keskisuomalainen, and like other initiation reports, it is available for everyone to read. Keskisuomalainen is a media group that has expanded through acquisitions, and its recent earnings turnaround has significantly stabilized the investment...
6/10/2026, 5:52 AM
by Sijoittaja-alokas
1
Here are Aapeli’s comments on media advertising in April According to statistics published by Fifty5Blue (formerly Kantar), the volume of media advertising in Finland fell by as much as 15% year-on-year in April. Consequently, media advertising has decreased by a cumulative 7% during...
5/27/2026, 6:36 AM
by Sijoittaja-alokas
1
Read more on our forum
Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
18/11
2026

Half year dividend

Keskisuomalainen H1'26: Motvinden borde avta om en stund
Research2026-08-28 07:30 by
Arttu Heikura

Keskisuomalainen H1'26: Motvinden borde avta om en stund

En faktor som tyngde kostnadseffektiviteten var volymminskningen inom distributionstjänster.

Keskisuomalainen
Analyst Comment2026-08-27 08:43 by
Petri Gostowski

Ad investments nearly flat in July

According to statistics published by Fifty5Blue (formerly Kantar), the volume of Finnish media advertising decreased by nearly 1% in July year-on-year.

SanomaAlma MediaIlkkaKeskisuomalainen
Keskisuomalainen: Neutral värdering motiverar en paus
Research2026-08-25 07:20 by
Arttu Heikura

Keskisuomalainen: Neutral värdering motiverar en paus

Keskisuomalainen sänkte sina utsikter tydligt i förhållande till våra tidigare estimat.

Keskisuomalainen

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Keskisuomalainen H1'26 förhandskommentar: Resultatnivån sjunker från en exceptionellt stark jämförelseperiod
Analyst Comment2026-08-20 07:07 by
Arttu Heikura

Keskisuomalainen H1'26 förhandskommentar: Resultatnivån sjunker från en exceptionellt stark jämförelseperiod

Vi förväntar oss att företagets omsättning och operationella vinst har minskat från en exceptionellt stark jämförelseperiod.

Keskisuomalainen
Analyst Comment2026-07-20 08:31 by
Petri Gostowski

Ad investments turned to growth in June

According to statistics published by Fifty5Blue (formerly Kantar), media advertising volumes in Finland grew at a solid pace of 4.5% year-on-year in June

SanomaAlma MediaKeskisuomalainenIlkka
Analyst Comment2026-06-22 07:37 by
Petri Gostowski

The rate of decline in ad investments eased in May

According to statistics published by Fifty5Blue (formerly  Kantar), the volume of Finnish media advertising decreased by a moderate 2% in May year-on-year.

SanomaAlma MediaKeskisuomalainenIlkka
Keskisuomalainen omfattande analys: Utdelning och digital omställning i fokus för berättelsen
Extensive research2026-06-10 06:10 by
Arttu Heikura

Keskisuomalainen omfattande analys: Utdelning och digital omställning i fokus för berättelsen

Investeringscaset är beroende av en lyckad digital omställning och anpassning av den vikande verksamheten.

Keskisuomalainen
Analyst Comment2026-05-27 08:27 by
Aapeli Pursimo

Ad investments fell significantly in April

The amount of media advertising in Finland decreased by as much as 15% year-on-year in April.

SanomaAlma MediaIlkkaKeskisuomalainen
Analyst Comment2026-04-28 08:29 by
Petri Gostowski

Development of advertising investments has been sluggish in early 2026

According to statistics published by Fifty5Blue (formerly Kantar), the amount of media advertising in Finland decreased by 4% year-on-year in March.

SanomaAlma MediaIlkkaKeskisuomalainen
Keskisuomalainen stärker sitt digitala utbud
Analyst Comment2026-04-01 06:35 by
Arttu Heikura

Keskisuomalainen stärker sitt digitala utbud

Arrangemanget öppnar upp möjligheter för att utveckla koncernens medieutbud och för korsförsäljning.

Keskisuomalainen
Ad investment development recovered slightly in February
Analyst Comment2026-03-24 07:51 by
Petri Gostowski

Ad investment development recovered slightly in February

According to statistics published by Kantar, the volume of Finnish media advertising decreased by 2% year-on-year in February, and thus media advertising has cumulatively decreased by 4% in early 2026 compared to the corresponding period last year.

SanomaAlma MediaKeskisuomalainenIlkka
Analyst Comment2026-03-05 07:26 by
Petri Gostowski

Ad investments remained soft in January

According to statistics published by Kantar, the volume of Finnish media advertising decreased by 6% year-on-year in January.

SanomaAlma MediaKeskisuomalainenIlkka
Keskisuomalainen H2'25: Vinsten förblir på dessa nivåer åtminstone ett tag
Research2026-02-27 07:41 by
Arttu Heikura

Keskisuomalainen H2'25: Vinsten förblir på dessa nivåer åtminstone ett tag

Vi bedömer att företagets resultatutveckling på medellång sikt är relativt stabil.

Keskisuomalainen
Keskisuomalainen H2'25 förhandskommentar: Goda utsikter och utdelning motiverar att behålla aktien
Research2026-02-24 06:10 by
Arttu Heikura

Keskisuomalainen H2'25 förhandskommentar: Goda utsikter och utdelning motiverar att behålla aktien

Företagets vinst fortsätter att öka kraftigt, med stöd av volymtillväxt och förbättrad effektivitet.

Keskisuomalainen
Ad investments fell significantly in December
Analyst Comment2026-02-02 09:01 by
Petri Gostowski, Arttu Heikura

Ad investments fell significantly in December

According to statistics published by Kantar, the volume of Finnish media advertising decreased by as much as 9% year-on-year in December, and thus the development for last year was -3%.

SanomaAlma MediaKeskisuomalainenIlkka
Keskisuomalainens fastighetsarrangemang har slutförts
Analyst Comment2026-01-15 06:35 by
Arttu Heikura

Keskisuomalainens fastighetsarrangemang har slutförts

Arrangemanget har en positiv inverkan på företagets rapporterade vinst för 2026.

Keskisuomalainen
Analyst Comment2026-01-05 07:22 by
Arttu Heikura

Keskisuomalainens effektiviseringsprogram fortskrider

Huvudidén med att centralisera nyhetsmedierna är att erbjuda gemensamma digitala plattformar, administration och andra processer för varje nyhetsmedia som ingår i koncernen.

Keskisuomalainen
Analyst Comment2025-12-22 08:22 by
Petri Gostowski

Ad investments continued their downward trend in November

According to statistics published by Kantar, the amount of media advertising in Finland decreased by 4% year-on-year in November.

SanomaAlma MediaKeskisuomalainenIlkka
Analyst Comment2025-12-01 08:37 by
Petri Gostowski

The decline in advertising investments softened in October

According to statistics published by Kantar, the volume of Finnish media advertising decreased by around 1% in October year-on-year.

SanomaAlma MediaKeskisuomalainenIlkka
Keskisuomalainen säljer sin fastighet i Kuopio och investerar kapitalet i KPY Novapolis
Analyst Comment2025-11-24 07:59 by
Antti Viljakainen

Keskisuomalainen säljer sin fastighet i Kuopio och investerar kapitalet i KPY Novapolis

Enligt vår preliminära bedömning har fastighetsarrangemangen ingen radikal inverkan på Keskisuomalainens långsiktiga estimat eller vår ståndpunkt om aktien.

Keskisuomalainen