Alma Media: Demand recovers quickly
Q2 figures published by Alma Media yesterday corresponded as a whole well with our increased estimates after the positive earnings revision. Considering this we only make slight changes to our estimates for the next few years at Group level and expect strong growth in the operating result in the next couple of years. Drivers are quick recovery of demand, and inorganic revenue growth generated by the Nettix acquisition, as well as gradual scaling of profitability.
