Sanoma Oyj · OMXHEX:SANOMA
Sanoma Oyj — Investor Day (May 2017)
15 slides from Sanoma Oyj's investor day presentation, May 4, 2017
Slide 1: Focus on our strongholds
Focus on our strongholds Susan Duinhoven, President and CEO of Sanoma Capital Markets Day 2017
Slide 2: Three Strategic Business Units
Three Strategic Business Units Sanoma Nowadays Learning Media Media (pro forma 2016 excluding SBS) Finland BeNe Net sales EUR 1,407 million EUR 280 million EUR 580 million EUR 540 million Non-print sales 38% (EUR 540 million) 54% (EUR 150 million) 42% (EUR 240 million) 27% (EUR 140 million) Operatio
Slide 3: Sanoma: back on track
Sanoma: back on track Key figures, reported Operational EBIT EUR million 2016 2015 250 12% Net sales 1,639 1,717 10% 200 Organic growth 0.1% -3.4% 8% Operational EBIT 168 84 150 6% Operational EBIT-% 10.2% 4.9% 100 4% 50 2% 0 0% 2012 2013 2014 2015 2016
Slide 4: Sanoma Divests SBS to Talpa
Announcement April 10: Sanoma Divests SBS to Talpa SBS is #3 free-to-air TV business in the Dutch market with four TV channels (SBS 6, NET 5, SBS 9 and Veronica) Sanoma to receive a net cash consideration of EUR 237 million for its 67% stake and 100% ownership of the TV guide business Veronica U
Slide 5: Sanoma post SBS transaction
More balanced composition of net sales Sanoma Group net sales 2016, pro forma excl. SBS post SBS transaction 100 % 14% 14% 90 % Improved financial and strategic flexibility 80 % 17% 20% to grow and create value in stronghold 70 % businesses – Reduced leverage with Net debt / adj. EBITDA 60 % 23% t
Slide 6: Focus on our Stronghold Businesses
Focus on our Stronghold Businesses Sanoma pro forma 2016 excl. SBS We focus on businesses where we have – or can reach – a leading market position Learning 20% 34% Leading brands give us the opportunity to – offer our customers a unique and winning combination of both reach and targeting Media F
Slide 7: Sanoma Learning
Sanoma Learning in 5 countries Sanoma Learning Net sales 2016, EUR million Profitability and growth opportunities 94 # market position 71 48 What we are 45 Forerunning digital learning company 25 (54% of sales non-print) #2 #1 #1 #1 #2 A leading player in each of our footprint Netherlands Poland
Slide 8: Sanoma Media Finland
Net sales by media type, 2016 Sanoma Media Finland Leading media company in Finland Newspapers #1 233 What we are Leading position throughout our media TV & radio #1 in radio, #2 in TV 127 offering Fully integrated TV business with a leading position and growing viewership #1 in local online Onl
Slide 9: Sanoma Media BeNe
Net sales by media type, 2016 Sanoma Media BeNe Profitable market leader in NL & BE Magazines, NL 257 What we are #1 local online player in reach in NL market Magazines, BE 97 Market leader in magazine print and online domain, with 10 strong cross-media brands in Women, HomeDeco and Kids&Teens d
Slide 10: Market performance in Media and Learning in Europe
Market performance in Media and Learning in Europe Sanoma Group’s composition is unique and hard to benchmark. Top tertile company with Sanoma’s composition could have 13% EBIT margin Peer group EBIT margins, xx% Top tertile average % 30 25 19% 11% 13% 14% 20 15 10 5 0 TV News Magazines Learning Sou
Slide 11: What you can expect Sanoma to be going forward
What you can expect Sanoma to be going forward Continued Increase in Growth by Resulting in: customer focus : Profitability highly synergetic • Improved three distinct and Cash Flow bolt-on profitability businesses with increase through acquisitions in • Increasing lean Group- operational our strong
Slide 12: Continued Performance Improvement
Operational EBIT margin development, % Continued Performance Improvement 12% pro forma excl. SBS Outlook for 2017: 10% Net sales, adjusted for structural changes including SBS divestment, will be stable 8% Operational EBIT margin will be above 10% 6% In long term, we aim at: Improved profitability
Slide 13: Sanoma as an investment
Sanoma as an investment: Strongholds – leading market positions Ensures competitiveness even in changing markets Stable net sales ’Build and Buy’ incl. highly synergetic bolt-on acquisitions Improved profitability Process and business improvements Strong cash flow Financial and strategic flexibility
Slide 14: sSQqnomd
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Slide 15: Important Notice
Important Notice The information above contains, or may be deemed to contain, forward-looking statements. These statements relate to future events or future financial performance, including, but not limited to, expectations regarding market growth and development as well growth and profitability of