Alma Media: Revenue growth efficiently reflected in result
Alma Media will publish its Q2 report on Wednesday at around 8 am. A clearly higher revenue and operating result than in the comparison period are expected, which is supported by strong market recovery and inorganic growth. We have raised our estimates based on Alma Media’s recent positive earnings revision.
Alma Media
11.8
12.5
Accumulate
Accumulate
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 Figures2021-07-17
2020 | 21e | 22e | |
---|---|---|---|
Revenue | 230.2 | 261.5 | 280.0 |
growth-% | -7.99 % | 13.59 % | 7.06 % |
EBIT (adj.) | 45.5 | 61.1 | 70.2 |
EBIT-% (adj.) | 19.74 % | 23.35 % | 25.06 % |
EPS (adj.) | 0.36 | 0.57 | 0.66 |
Dividend | 0.30 | 0.32 | 0.35 |
Dividend % | 3.36 % | 3.30 % | 3.61 % |
P/E (adj.) | 24.56 | 17.07 | 14.71 |
EV/EBITDA | 12.82 | 13.87 | 11.91 |