Sanoma Corporation, Press Release, 11 September 2025 at 14:00 EET

Sanoma plans to centralise its printing operations to the Helsinki area and close its printing facility in Tampere

Sanoma Media Finland is planning to centralise its news media printing operations to the Helsinki metropolitan area in Sanomala, Finland’s largest printing house, and to close the Sanoma Manu printing facility in Tampere. The plan is based on the accelerating shift of media consumption towards digital channels. As a result of smaller print runs of newspapers, the unit costs of printing have increased. In the future, the newspapers produced by Sanoma could be printed more cost-efficiently in a single printing facility without a significant impact on customers.

Decisions on final plans will be made after a change negotiation process has been concluded in line with local legislation in Finland. Should the plans be implemented the maximum number of employees affected is estimated at 65.

If the closure of Sanoma Manu was realised, Sanoma would recognise restructuring costs of approx. EUR 30 million, of which approx. EUR 27 million non-cash impairments mainly related to the right-of-use assets, as items affecting comparability in Media Finland. In the coming years, the annual cost benefits of the potential closure would support Media Finland’s well-established practices for continuous efficiency improvements to mitigate the impacts of lower print revenues and cost inflation.

The planned closure does not have an impact on Sanoma’s Outlook for 2025 or long-term financial targets.

Additional information

Investors: Kaisa Uurasmaa, Head of Investor Relations and Sustainability, Sanoma Corporation, tel. +358 40 560 5601

Media: Hanna Johde, Communications Director, Sanoma Media Finland, tel. +358 40 673 8977

Sanoma

Sanoma is an innovative and agile learning and media company impacting the lives of millions every day. Our Sustainability Strategy is designed to maximise our positive ‘brainprint’ on society and to minimise our environmental footprint. We are committed to the UN Sustainable Development Goals and signatory to the UN Global Compact.

Our learning products and services enable teachers to develop the talents of every child to reach their full potential. We offer printed and digital learning content as well as digital learning and teaching platforms for primary, secondary and vocational education, and want to grow our business.

Our Finnish media provide independent journalism and engaging entertainment also for generations to come. Our unique cross-media position offers the widest reach and tailored marketing solutions for our business partners.

Today, we operate across Europe and employ close to 5,000 professionals. In 2024, our net sales amounted to approx. 1.3bn€ and our operational EBIT margin excl. PPA was 13.4%. Sanoma shares are listed on Nasdaq Helsinki. More information is available at sanoma.com.