SanomaWSOY

SanomaWSOY - Osavuosikatsaus

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SanomaWSOY’s earnings per share increased by 30.3%, to EUR 0.22 (0.17) in the first quarter. The Group’s net sales totalled EUR 582.1 (568.6) million. Operating profit grew to EUR 48.9 (45.1) million. SanomaWSOY reports according to the IFRS standards.


 Net sales
by division,
€ million

 Operating profit
by division,
€ million

 EPS, €

 CEPS, €
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OUTLOOK FOR 2005

The economy in Europe will continue to grow in 2005. Research institutions estimate that GDP will grow in the Netherlands by some 1%, in Belgium by 2.5%, and in Finland by over 3%. Growth in Hungary is estimated to be slightly less than 4%, in the Czech Republic over 4%, and in Russia 6%. Media advertising traditionally reacts quickly to the development of GDP.

SanomaWSOY’s net sales are expected to grow by some 6% in 2005. The operating profit excluding non-recurring gains on the sales of assets is expected to be at least at the previous year’s level. In 2004, operating profit included some EUR 26 million of the non-recurring gains on the sales of assets.