ALMA MEDIA OYJ Alma Media revised its guidance for 2015. The revenue is expected to remain on the same level as in 2014. The company expects operating profit, excluding non -recurring items, to increase compared to the level of 2014.
The previous guidance stated that the revenue was expected to decrease, and the operating profit, excluding non-recurring items, to remain on the previous level or to decrease. Alma Media's revenue will remain on the previous level due to the Group's acquisition of Talentum's business in late November. Without Talentum's business, the Group's revenue would decrease from the level of 2014 as a result of divestments carried out during the year and the contraction of the print media business in Finland.
The improvement in operating profit excluding non-recurring items from previous year is attributable to the continued strong sales of international recruitment business, strengthened growth of digital advertising in Finland in late 2015, and cost adaptation measures implemented in the Group's Finnish operations. Talentum's effect on Alma Media's operating profit in 2015, without non -recurring items, is low.
