Alma Media Oyj · OMXHEX:ALMA
Alma Media Oyj — SEB Enskilda Nordic Small & Mid Cap Seminar (January 2008)
23 slides from Alma Media Oyj's conference presentation, Jan 9, 2008
Slide 1: The winning team in newspaper and online media
The winning team in newspaper and online media Teemu Kangas-Kärki, CFO Alma Media Corporation SEB Enskilda Nordic Small & Mid Cap Seminar Copenhagen 9th January 2008 Alma Media Corporation 9 January 2008 1
Slide 2: A European print and online media company
A European print and online media company Newspapers Regional dailies, local newspapers and Net sales 2006: free sheets. 302 MEUR National afternoon newspaper Kauppalehti EBIT 2006: Group 49 MEUR 16 % Specializes in producing business information Marketplaces Market Cap 850 MEUR Consists of classifi
Slide 3: Print titles in Finland
Print titles in Finland c Alma Media Corporation 9 January 2008 3
Slide 4: Top 10 newspapers in Finland
Source: Finnish Newspapers Association Top 10 newspapers in Finland Circulation in 2006 Helsingin Sanomat 426 117 Ilta-Sanomat 186 462 Aamulehti 138 258 Iltalehti 133 007 Turun Sanomat 112 360 Maaseudun Tulevaisuus 83 604 Kaleva 82 037 Kauppalehti 81 337 Keskisuomalainen 74 840 Savon Sanomat 64 471
Slide 5: Online brands
Online brands Real estate: Real estate: Jobs: Cars: Cars: Heavy machinery: Heavy machinery: General classified: Alma Media Corporation 9 January 2008 5
Slide 6: Sales breakdown Q1-Q3 2007, MEUR
Sales breakdown Q1- Q3 2007, MEUR Total Sales 243,4 EUR Million Others Printing sales Marketplaces 0,7% 0,7% Other sales 9,2% 10,7% Kauppalehti group 20,9% Advertising Sales by Sales by sales segment type 48,3% Circulation sales 40,3% Newspapers 69,2% Alma Media Corporation 9 January 2008 6
Slide 7: Media markets in Finland
Media markets in Finland Alma Media Corporation 9 January 2008 7
Slide 8: Media Myths
Digital is killing the newspaper Circulations are Only old people falling read newspapers Media Myths Time-starved Newspaper consumers are advertising is reluctant to pay unfashionable for information The newspaper as a medium and a business is Alma Media Corporation in decline 9 January 2008 8
Slide 9: Newspapers are a solid business
Newspapers are a solid business • Steady reader base on Alma Media’s regionals – 97 % of regional newspapers on subscriber basis – 85 to 93 % of regional paper subscriptions are standing orders – demographic profile in line with the population – average readership coverage 70 % – early home delivery
Slide 10: Newspapers dominate the Finnish media market
Source: TNS Gallup Oy, Adex Newspapers dominate the Finnish media market Advertising expenditure in Finland 2006, MEUR Newspapers Magazines TV Radio Internet Others 1400 1200 1000 800 600 400 200 0 2000 2001 2002 2003 2004 2005 2006 Alma Media Corporation 9 January 2008 10
Slide 11: Media advertising Alma Media vs. Market
Source: * TNS Media Intelligence ** Newspapers-segment (excl. online services), Kauppalehti and Etuovi.com print Media advertising Alma Media vs. Market Q1-Q3 2007 Market Alma Media Change, % Q1-Q3 07* Q1-Q3 07* Newspapers 5,5 6,6** Magazines 2,6 - Television 7,7 - Radio 3,6 - Internet 22,6 35,3 Tot
Slide 12: Most advertised branches Q1-Q3 2007
Source: TNS Gallup Oy Adex Most advertised branches Q1-Q3 2007 Newspapers total Adv. Volumes Q1-Q3/07 Retail trade 5% Retail trade 149 Motor vehicles -3 % Motor vehicles 58 Food and Food and 4 -11 % beverages beverages Telecommunications 13 Telecommunications -19 % Houses and 42 premises Houses and
Slide 13: Strategy
Strategy Alma Media Corporation 9 January 2008 13
Slide 14: Media scene is transforming
Media scene is transforming • Online will become the third main media as media consumption changes • Media scene fragmentation supports printed newspapers • Competition from outside traditonal media scene • Information overload favours journalism – Interactivity – Community & local news – Do this –j
Slide 15: Company statements
Company statements • To promote individual freedom Mission and well-being z Freedom and pluralism of Values journalism z Team play z The winning team in newspaper Vision and online media • Chaining operations Strategy • Constant improvement and renewal • Internationalization • Mergers & Acquisitions
Slide 16: Strategy implementation examples
Strategy implementation examples Chaining Renewal International M&A expansion Online Quality development Marketplaces improvement (classified New classified print and online) businesses Constant to Content sharing as spearhead layout Marketplaces improvement Real estate Cross-promotion (City 24) Fin
Slide 17: Marketplaces international expansion
Marketplaces international expansion Bovision.se City24.lt Motors24.lv City24.ru Motors24.ee Objektvision.se City24.ee City24.lv City24.ua City24.hr City24.bg City24.pl 2005 Q1/06 Q2/06 Q3/06 Q2/07 Q4/07 Q1/08 Acquisitions underlined Alma Media Corporation 9 January 2008 17
Slide 18: Financial Review Q1-Q3/07
Financial Review Q1- Q3/07 Alma Media Corporation 9 January 2008 18
Slide 19: Key figures 2004-2007/Q1-Q3, MEUR
Extraordinary items Key figures 2004-2007/Q1-Q3, MEUR Net Sales EBIT EBIT % 350 50 25 % +31,9% 300 40 20 % +11,1% 250 200 30 15 % 150 20 10 % 100 10 5% 50 0 0 0% 2004 2005 2006 Q1-Q3/07 2004 2005 2006 Q1-Q3/07 Alma Media Corporation 9 January 2008 19
Slide 20: Net sales break down 2007 Q1-Q3, MEUR
Net sales break down 2007 Q1-Q3, MEUR Alma Media Newspapers Kauppalehti Group Marketplaces 243,4 171,4 51,0 22,9 Newspapers 69,2% Aamulehti 39,0% Kauppalehti 59,1% Etuovi 48,1% Kauppalehti Group 20,9% Iltalehti 24,3% Lehdentekijät 20,0% Monster 22,1% Marketplaces 9,2% Northern Newsp. 15,8% Kauppaleh
Slide 21: Net sales change by type, MEUR
Net sales change by type, MEUR Circulation Advertising 6,0 6,0 5,0 5,0 4,0 4,0 +9,3% 3,0 3,0 +6,0% 2,0 2,0 1,0 1,0 0,0 0,0 Q306 Q406 Q107 Q207 Q307 Q306 Q406 Q107 Q207 Q307 Alma Media Corporation 9 January 2008 21
Slide 22: Key ratios in Q3 2007
Key ratios in Q3 2007 Equity ratio, % Gearing, % EPS Equity per share 70 2 0,16 1,6 1,54 61,3 0,14 58,1 0,8 1,35 60 1 0,14 1,4 0,12 0 0,12 1,2 50 -1 0,10 1,0 40 -2 0,08 0,8 30 -3 0,06 0,6 20 -4 0,04 0,4 10 -5 0,02 0,2 0 -6 -5,6 0,00 0,0 Q4/06 Q3/07 Q4/06 Q3/07 Q3/06 Q3/07 Q4/06 Q3/07 Alma Media Corp
Slide 23: Thank You!
Thank You! [email protected] [email protected] Alma Media Corporation 9 January 2008 23
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