Sanoma Oyj reported earnings results for the fourth quarter and full year ended December 31, 2023. For the quarter, the company reported sales was EUR 253.4 million compared to EUR 259.5 million a year ago. Net loss was EUR 44.7 million compared to EUR 21.4 million a year ago. Basic loss per share from continuing operations was EUR 0.29 compared to EUR 0.13 a year ago. Diluted loss per share from continuing operations was EUR 0.29 compared to EUR 0.13 a year ago.

For the full year, the company reported sales was EUR 1,329.9 million compared to EUR 1,298.3 million a year ago. Net income was EUR 3.3 million compared to EUR 76.2 million a year ago. Basic loss per share from continuing operations was EUR 0.03 compared to basic earnings per share from continuing operations of EUR 0.47 a year ago. Diluted loss per share from continuing operations was EUR 0.03 compared to diluted earnings per share from continuing operations of EUR 0.47 a year ago.