Alma Media: Core transformation and growth templates
Yesterday, Alma Media organized a capital markets day (CMD). During the CMD, the company offered an in-depth look on the current state of the three business areas and their growth potential. Furthermore, the company announced new long-term financial targets. As a whole, the day didn’t offer any surprises and we expect that the company's digital revenue continues to grow in the next few years, in line with the steps we have previously estimated.
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 Figures2021-09-16
2020 | 21e | 22e | |
---|---|---|---|
Revenue | 230.2 | 271.9 | 288.2 |
growth-% | -7.99 % | 18.10 % | 6.02 % |
EBIT (adj.) | 45.5 | 61.2 | 65.2 |
EBIT-% (adj.) | 19.74 % | 22.53 % | 22.62 % |
EPS (adj.) | 0.36 | 0.56 | 0.61 |
Dividend | 0.30 | 0.32 | 0.35 |
Dividend % | 3.36 % | 3.23 % | 3.54 % |
P/E (adj.) | 24.56 | 17.53 | 16.34 |
EV/EBITDA | 12.82 | 14.01 | 12.33 |