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4-Traders Homepage  >  Equities  >  NASDAQ OMX HELSINKI LTD.  >  Sanoma Oyj    SAA1V   FI0009007694

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Sanoma Oyj : sells Kieskeurig.nl to Reshift

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04/21/2017 | 02:08pm CET

Sanoma Media Netherlands has reached an agreement with Reshift to sell the comparison website Kieskeurig.nl. The sale is subject to approval of the Works Council.

Kieskeurig.nl's net sales in 2016 were EUR 12 million and it is the #3 player in comparison websites for electronics products behind Google and Beslist.nl. Reshift holds a strong portfolio of online publications in Technology/ICT, electronics, photography and games offering significant synergies with Kieskeurig.nl.

'We are positive about Reshift as the new owner of Kieskeurig.nl. They have a leading position in the Dutch market for technology (ICT), electronics, photography and games content. This natural fit offers Kieskeurig new opportunities in the strategic playing field where it's positioned,' says Peter de Mönnink, CEO of Sanoma Media Netherlands.

'The acquisition of Kieskeurig is the most important step in our strategy for now,' says Paul Molenaar, CEO and co-owner of Reshift. 'We were looking for a significant enhancement of our online activities and have found it in Kieskeurig.nl.'

Sanoma Oyj published this content on 21 April 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 21 April 2017 12:08:10 UTC.

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Financials (€)
Sales 2017 1 512 M
EBIT 2017 42,8 M
Net income 2017 -232 M
Debt 2017 503 M
Yield 2017 2,60%
P/E ratio 2017 -
P/E ratio 2018 14,80
EV / Sales 2017 1,56x
EV / Sales 2018 1,67x
Capitalization 1 861 M
Duration : Period :
Sanoma Oyj Technical Analysis Chart | SAA1V | FI0009007694 | 4-Traders
Technical analysis trends SANOMA OYJ
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 7
Average target price 10,5 €
Spread / Average Target -7,8%
EPS Revisions
Susan Duinhoven President & Chief Executive Officer
Pekka Juhani Ala-Pietilä Chairman
Per Markus Holm Chief Operating & Financial Officer
Kai Taka-aho Chief Technology Officer
Rafaela Seppälä Independent Non-Executive Director
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