Sanoma Corporation released its Full-Year 2025 Results, showing improved adjusted operating profit and free cash flow driven by Learning. In Q4 2025, net sales were lower in both Learning and Media Finland, but operating profit remained stable. Sanoma updated its financial targets and signed a EUR 220 million syndicated term loan facility.

For the full year of 2025, net sales amounted to EUR 1,302.5 million with growth in learning content sales and digital subscription sales in Media Finland. Adjusted operating profit improved to EUR 188.2 million. Sanoma’s net debt/Adj. EBITDA improved to 1.8, well within the updated target level of below 2.5.

In 2026, Sanoma expects net sales to be EUR 1.29‒1.34 billion and adjusted operating profit to be EUR 205−225 million. The outlook is based on increased demand for learning content and stable advertising market in Finland. CEO Rob Kolkman highlighted progress in strategic focus areas and proposed an increasing dividend of EUR 0.42 per share for 2025.

Sanoma saw improvements in Learning’s adjusted operating profit and margin, despite a decline in net sales due to the discontinuation of low-value distribution contracts. Media Finland experienced growth in digital subscription sales but a decrease in advertising sales. The company continued to deleverage its balance sheet in 2025.

The Board of Directors proposed a dividend of EUR 0.42 per share for 2025, reflecting 43% of the free cash flow. Sanoma aims to pay an increasing dividend and balance capital use between dividends, deleveraging, and future growth. The company’s sustainability efforts were recognized with a climate award in 2025.

Sanoma’s Outlook for 2026 anticipates a significant improvement in adjusted operating profit and margin. The demand for learning content is expected to increase, driven by curriculum renewals, while Media Finland’s digital transformation continues. The company aims for high single-digit organic growth in adjusted operating profit in the coming years.

Read more at GlobeNewswire: Sanoma Corporation, Full-Year 2025 Result: Improved