Sanoma Corporation | |
Native Name: | Sanoma Oyj Sanoma Abp |
Location: | Helsinki, Finland |
Key People: | Pekka Ala-Pietilä (Chairman), Rob Kolkman (President and CEO) |
Industry: | Media |
Products: | Education materials and services, newspaper and magazine distribution, publishing, television, radio, events, online gaming |
Revenue: | €1,289 million (2022) |
Operating Income: | €189 million (2022) |
Net Income: | (not reported) |
Assets: | €2.048 billion (2020) |
Equity: | €551 million (end 2010) |
Num Employees: | 5,017 (FTE, end of 2023) |
Divisions: | Sanoma Media Finland, Sanoma Learning |
Sanoma Corporation (formerly SanomaWSOY) is Finland's largest media group and a European education publisher. The company has media business in Finland and an education business in twelve European countries, including Belgium, Netherlands, Poland, Sweden, Norway, Italy and Spain. Sanoma Corporation is headquartered in Helsinki. At the end of 2023, Sanoma net sales totalled €1.393 billion and the company had approximately 5,000 employees.[1]
The story of Sanoma began in 1889 with the establishment of the newspaper Päivälehti in Finland. SanomaWSOY was formed in 1999 with the merger of Sanoma Corporation, WSOY (Werner Söderström Osakeyhtiö; Werner Söderström Corporation) and Helsinki Media Company. The group reverted to the name Sanoma Corporation in October 2008.
Sanoma operates in twelve European countries. Sanoma shares are listed on Nasdaq Helsinki.
The company consists of two divisions:
In October 2020, Sanoma acquired the Spanish educational publisher Grupo Santillana[2] and in 2022 the Italian and German education businesses from Pearson.[3]