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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 operates in the media sector. The company's main focus is on digital media, where the offering consists of news content that touches on lifestyle, career and finance. The group operates several brands, the better-known of which include Kauppalehti. The customers are found in the Nordic countries, the Baltics and Europe and consist of private users. 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-% | -8.0 % | 13.6 % | 7.1 % |
| EBIT (adj.) | 45.5 | 61.1 | 70.2 |
| EBIT-% (adj.) | 19.7 % | 23.4 % | 25.1 % |
| EPS (adj.) | 0.36 | 0.57 | 0.66 |
| Dividend | 0.30 | 0.32 | 0.35 |
| Dividend % | 3.4 % | 2.3 % | 2.5 % |
| P/E (adj.) | 24.6 | 24.5 | 21.1 |
| EV/EBITDA | 12.8 | 18.6 | 16.1 |
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