Today, Sanoma announced its Q2 result, and it is a good time to reflect on how we are developing our support for teachers across Europe. 💚 👩🏫 🏫 Notably, the Santillana teams in Spain have conducted over 1,000 visits to teachers to understand their needs and how we can better support teachers to help students reach their potential. Our Nordic collaboration continues with new learning materials in Sweden, incorporating teachers' favourite concepts from the Finnish schools. Among the many digital developments, we're really excited about the launch of the Italian version of Libro media, offering thousands of digital titles. 📚 📲 Wishing you a pleasant and restful summer, and all the best in preparing for the next school year. 🌞 #inclusivelearning #education #edtech
Sanoma’s H1 2024 Result: Strong earnings improvement in both Learning and Media 📊 Net sales 563m€ 💰 Oper. EBIT excl.PPA 37m€ 💶 Free cash flow -58m€ “We have had a good first half of the year with strong earnings improvement in both Learning and Media Finland. The positive impacts of active cost containment measures, lower paper prices and carefully implemented price increases seen already during the first quarter continued throughout the reporting period and resulted in around 50% improvement in both businesses’ first half operational EBIT excl. PPA compared to last year. We continue to be fully focused on delivering on our strategic focus areas for 2024-2026, which are 1) increasing the profitability of Learning and Media Finland, 2) growing organically and through in-market acquisitions, and 3) deleveraging the balance sheet. I would like to extend my warmest thanks to all our teams for delivering the good results during the first half of the year and supporting our customers in the best possible way.”, says CEO Rob Kolkman 🎥 Join our analyst conference and webcast at 11:00 EET: https://lnkd.in/gGMznt5U 📄 Read the full report: https://lnkd.in/gdSNReFK