The Finnish parent company include Nu.nl, SBS and magazines such as Donald Duck and Dragonfly in 2015 recorded a loss of 158 million euros compared to a profit of almost 62 million euros a year earlier. Turnover fell by 9.7 percent to over 1.7 billion euros.
The group also saw declining profits that had to be written off in the fourth quarter of 15 million euros on the value of Dutch TV operations.
is the viewing habits of people changed considerably by the rise of example Netflix and certain rights are worth less on foreign series.
the results were group-wide printed by amortization and other non-recurring items related to the reorganization that was put in motion in 2013. Sanoma’s working on it for several years to provide the declining ad revenue the head.
Farewell
That sales last year were significantly lower than coming in 2014 partly because Sanoma recently retired from various magazine titles in Belgium.
Sanoma also had home market in Finland and to the activities in the field of education with poor performance. If attention is restricted to activities that even though the company had last year, sales decreased by 3.4 percent yet.
The company also sees a bright spot. Sanoma managed the remaining activities in the Netherlands and Belgium in the last quarter on their own again grow some.
This improvement was both visible at the TV stations SBS, where the audience attracted, as in the digital market. This gives the company the impression that the right path is stamped
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