Alma Media Oyj · OMXHEX:ALMA
Alma Media Oyj — Merger or Acquisition (March 2021)
10 slides from Alma Media Oyj's merger presentation, Mar 5, 2021
Slide 1: Strengthening Position In Digital Marketplaces In Finland
5.3.2021 Strengthening Position In Digital Marketplaces In Finland Acquisition Of Nettix Oy CEO Kai Telanne and CFO Juha Nuutinen
Slide 2: Alma Media Strengthens Its Position In Digital Marketplaces In Finland
Alma Media Strengthens Its Position In Digital Marketplaces In Finland • Alma Media has signed an agreement to acquire • Nettix will be reported in Alma Consumer Nettix business from Otava. segment. The agreed enterprise value of the acquired business is EUR 170 million, corresponding to a • Alma Co
Slide 3: Nettix – Leading Digital Marketplace For Motor Vehicles
Nettix – Leading Digital Marketplace For Motor Vehicles • Nettix Oy’s business consists of Finland’s leading Share of Revenue 2020 motor vehicle marketplaces, such as Nettiauto, Nettikone, and Nettimoto Marketplaces 81 % • In addition, its brands are Konepörssi, the leading professional media for ma
Slide 4: Nettix’s Marketplace Business Generates Profitable Growth
Nettix’s Marketplace Business Generates Profitable Growth In 2020, the Nettix marketplaces amounted to approximately 81% of Nettix Oy’s revenue Marketplaces revenue (M€) Marketplaces EBITDA (M€) CAGR 6.8% 53% 54% 56% 10 60% 49% 49% 8 50% 40% 6 9.5 9.7 10.2 30% 17.8 18.1 18.2 16.4 4 8.0 14.1 6.9 20%
Slide 5: Alma Consumer: A Strong Local Partner With A Unique Combination Of Digital Content & Commerce
Alma Consumer: A Strong Local Partner With A Unique Combination Of Digital Content & Commerce #1 in households’ pivotal investments Reaches every Finnish household 1 250 000 ** registered users Market leader in housing marketplaces Market Leader in motor vehicles marketplaces Revenue Adj. Operating
Slide 6: Key Rationale
Key Rationale Globally marketplace A logical step in our strategy #1 motor vehicle Nettix’s network-based and businesses are growing fast focusing on digital media marketplace with growth highly scalable digital and are a crucial part of and services opportunities accelerated by business model gener
Slide 7: Acquisition Financing
Acquisition Financing • Enterprise value of the acquisition is EUR 170 million • The purchase price will be paid in cash • Alma Media expects the acquisition to have a positive EPS effect in 2021 • The preliminary estimate for depreciations from PPA is EUR 3 million Purchase price • Transaction cost
Slide 8: A More Balanced Business Mix As Our Digital Transformation Progresses
A More Balanced Business Mix As Our Digital Transformation Progresses Alma Media post transaction (pro forma 2020) Marketplaces 41% Marketplaces 41% 105 M€ Share of digital revenue (Digital 100%) (Digital 100%) 71% 254 M€ Media 39% Media 39% EBITDA (%) 9999 M€M€ 28.5% (Digital (Digital 48%) 48%) Ser
Slide 9: Alma Media Transformational Strategy
Alma Media Transformational Strategy • Accelerate the digitalization of print media • Organize the group to support synergies TRANSFORM THE CORE • Activate co-operation within group and business units • Divest or discontinue unprofitable / low-profitable businesses • Diversify from media to marketpl
Slide 10: Q&A
Q &A 5.3.2021