Alma Media Oyj · OMXHEX:ALMA
Alma Media Oyj — Investor Day (May 2012)
15 slides from Alma Media Oyj's investor day presentation, May 25, 2012
Slide 1: Building a strong regional media platform
Building a strong regional media platform Kari Juutilainen, Senior Vice President, Alma Regional Media Alma Media Capital Markets Day, May 25, 2012 1 25.5.2012
Slide 2: Alma Regional Media in brief
Alma Regional Media in brief Publications (print + digital): Alma Regional Media business unit was • 5 regional daily newspapers formed in Jan 1, 2012, merging the • 18 subscribed local businesses of four companies into one: newspapers • Kustannus Oy Aamulehti • 11 free sheets (city papers) • Sataku
Slide 3: Migration to cities and towards south & west
Migration to cities and towards south & west Alma Media regional newspapers Alma Media local newspapers Migration trend in Finland ++ + - -- 3 25.5.2012
Slide 4: Circulation volumes on a negative trend since 2007
Circulation volumes on a negative trend since 2007 1975 1977 1979 1981 1983 1985 1987 1989 1991 1993 1995 1997 1999 2001 2003 2005 2007 2009 2011 135000 115000 Aamulehti 95000 Kainuun Sanomat Lapin Kansa 75000 Pohjolan Sanomat Satakunnan Kansa 55000 35000 15000 4 25.5.2012
Slide 5: Profit margins under pressure
Profit margins under pressure Profit margin Revenue Costs Time 5 25.5.2012
Slide 6: Wanted
Wanted • A strong platform for sustainable regional and local newspaper business – Long-term product and service redesigning capability in a multi-channel, multimedia environment – Commercial and societal sustainability – Journalistic independence with content quality that consumers favour. 6 25.5.2
Slide 7: New operational model 2012
New operational model 2012 7 25.5.2012
Slide 8: A strong platform for sustainable newspaper business
A strong platform for sustainable newspaper business • The objective is to create a clearly structured, cost efficient business unit. • New organisation based on cooperation and functions. – No longer based on single newspapers nor geography. • Functions behind client interface will be centralised.
Slide 9: Functions connect all newspapers together
Functions connect all newspapers together Function 1. Function 2. Function n. Content production: print and digital Advertising sales Subscription sales Customer and reader service Preproduction Support functions Finance and HR as corporate functions 9 25.5.2012
Slide 10: Planned model for local and common content production
Planned model for local and common content production Lapin = LOCAL Kansa NEWSPAPERS Kainuun Pohjolan Sanomat Sanomat Common content COMMON CONTENT & DEPT’S, PREPRODUCTION, production JOURNALISTIC SUPPORT FUNCTIONS Satakunnan STRONG LOCAL Kansa Aamulehti CONTENT 10 25.5.2012
Slide 11: Towards better competitiveness
Towards better competitiveness 11 25.5.2012
Slide 12: Ongoing reorganisation project
Ongoing reorganisation project • Management team appointed during January • Personnel negotiations started in April 2012 • New operational model into set-up phase after holiday season until end of 2012 12 25.5.2012
Slide 13: Personnel negotiations in Alma Regional Media April – June 2012
Personnel negotiations in Alma Regional Media April – June 2012 • Negotiations based on the plans to change Alma Regional Media’s operational model and organisation. • Employer’s initial estimate is a reduction of no more than 135 man-years. • Negotiations likely to end in mid-June. 13 25.5.2012
Slide 14: End result of reorganisation in 2013
End result of reorganisation in 2013 • An organisation producing multichannel, multimedia newspaper media of outstanding quality, maintaining a steady cash flow and healthy operating profit levels. 14 25.5.2012
Slide 15: Thank you!
Thank you! 15 25.5.2012