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Alma Media

 
Hoover's Profile: Alma Media Corporation
 
(Helsinki:ALN)
Contact Information
Alma Media Corporation
Eteläesplanadi 20, 3rd Fl.
FI-00101 Helsinki, Finland
Tel. +358-10-665-000
Fax +358-10-665 2270

Type: Public
On the web: http://www.almamedia.fi

What does an Internet-surfing home-buyer in Croatia and a newspaper reader in Finland have in common? Answer: They may both be reading information published by newspaper publishing and online services company Alma Media. The Finland-based company publishes local print and online newspapers (including the Aamulehti, Iltalehti, and Kauppalehti newspapers) that together have more than 2 million readers. Alma also offers Internet marketplaces in northern and eastern Europe that facilitate buying and selling used vehicles, machinery, and real estate. Some of Alma's well-known internet marketplaces include home-buying services websites Etuovi.com and City24, and recruitment service Monster.fi.

Key numbers for fiscal year ending December, 2008:
Sales: $480.9M
Net income: $55.0M

Officers:
Chairman: Kari Stadigh
President and CEO: Kai Telanne
CFO: Tuomas Itkonen

Competitors:
Axel Springer
Bertelsmann
Schibsted

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Wikipedia: Alma Media
 
Alma Media
Type PublicOyj
Headquarters Flag of Finland Helsinki, Finland
Key people Kai Telanne, CEO
Tuomas Itkonen, CFO
Industry Publishing
Revenue €341.2 mi (2008)
Operating income €48,3 mi (2008)
Net income €39.0 mi (2008)
Total assets €166.9 mi (2008)
Website www.almamedia.fi

Alma Media (OMXALN1V) is one of the largest media companies in Finland.

Alma Media is specialized in newspapers, online media and other internet services. Its best known products are the Aamulehti, Iltalehti, Kauppalehti, Monster.fi, Etuovi.com and City 24. Net sales in 2008 totalled EUR 341 million and the operating margin was over 14%. The company's share is listed in the Mid Cap segment of the NASDAQ OMX Helsinki.

Timeline

  • 1957 founded Oy Mainos-TV-Reklam Ab which was the first commercial television in Finland
  • 1980 established the Iltalehti afternoon newspaper
  • 1993 commercial television channel MTV3 got its own channel slot
  • 1997 Radio Nova, the first commercial national radio, begins broadcasts
  • 1998 Alma Media Group officially begins operating
  • 2005 Alma Media sold its Broadcasting division to Bonnier AB and Proventus Industrier AB

External links

References


 
 

 

Copyrights:

Hoover's Profile. ©2008 Hoover's, Inc. All rights reserved.  Read more
Wikipedia. This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Alma Media" Read more