Alma Media Corporation Stock Exchange Release 13 January 2014, 9:30 a.m. (EET) THE OUTCOME OF ALMA MEDIA CORPORATION'S IMPAIRMENT TESTS Alma Media has completed its regular annual goodwill impairment tests covering the entire Group. As a result, in its consolidated financial statements, the company will write down the shares of its associated companies by EUR 4.9 million as well as its goodwill and intangible assets by a total of EUR 1.9 million for the fourth quarter of 2013. Write-downs to the shares of associated companies pertain to the shares of Talentum Oyj and Tampereen Ykkösjakelut Oy. The write-down made to goodwill and intangible assets is mainly related to the northern regional newspapers. The write-down will be reported in the fourth quarter financial result of Alma Media as a non-recurring item. Alma Media will publish its financial review of the fourth quarter and of the full-year 2013 on 13 February 2014. The company maintains its outlook given in the interim report published on 25 October 2013, according to which it expects the revenue and the operating profit excluding non-recurring items for the second half of 2013 and the full year to decline compared to the corresponding periods in 2012. At the same time, Alma Media writes down the book value of the shares of its subsidiaries by EUR 91.0 million in the separate financial statements of the parent company, Alma Media Corporation. In the financial statements of 31 December 2012, the shareholders' equity of the parent company, Alma Media Corporation, was EUR 478.0 million and distributable funds EUR 8.0 million. By the decision of the Annual General Meeting held on 14 March 2013, EUR 100 million was transferred from the restricted equity of the parent company, i.e. the share premium reserve, to the reserve for invested non-restricted equity. This means that Alma Media will have distributable funds in its 2013 financial statements even after the write-down to be recorded for the parent company. ALMA MEDIA CORPORATION Rauno Heinonen Vice President, Corporate Communications and IR For more information, please contact: Juha Nuutinen, CFO, Alma Media Corporation, tel. +358 50 438 0984 Distribution: NASDAQ OMX Helsinki main media Alma Media in brief Alma Media is a media company focusing on digital services and publishing. In addition to news services, the company's products provide useful information related to lifestyle, career and business development. The services of Alma Media have expanded from Finland to the Nordic countries, the Baltics and Central Europe. The company employs approximately 1,900 professionals (excluding distributors), of whom over 20% work outside Finland. Alma Media's revenue in 2012 totalled approximately MEUR 320. Alma Media's share is listed on NASDAQ OMX Helsinki. Read more at www.almamedia.com. [HUG#1754172]
The outcome of Alma Media Corporation's impairment tests
Top 10 Most Recent News Articles
Love Business Group Helps SMEs Navigate Broadband Choices
Understanding Broadband Needs for UK SMEs When you're knee-deep in running a small biz in the UK, sorting out your broadband needs can feel like sifting through a thousand-piece puzzle. Enter Love Business Group, getting a nod of recognition for being the SME knight in shining armor. Aimed at businesses of all sizes, they've been pegged by Expert Consumers for helping...
Continue Reading
TORRAS Cases Balance Protection with Slim Design for 2026
Are Slim iPhone Cases Really Protecting Your Investment? Anyone who's dropped a brand-new phone knows the pain of watching your investment smack the concrete. But hey, welcome to 2026, where Consumer365's latest rundown on iPhone protective gear turns the spotlight on TORRAS. These folks grabbed attention with their Q3 Air and Q3 Air Pro cases, crafted for iPhone 18 Pro...
Continue Reading
Kelun-Biotech's Sacituzumab Tirumotecan Shows Promise in NSCLC
Kelun-Biotech's Recent Breakthrough Grab your coffee, and let's chat about something that might just change the lung cancer treatment game: Kelun-Biotech's sacituzumab tirumotecan, or sac-TMT, showing some serious promise in a Phase III trial. With numbers that could make any investor sit up a little straighter, this study has turned heads at the European Society for...
Continue Reading
CapCut's Role in AI-Assisted Small Biz Marketing
In today's fast-paced digital world, small businesses lament the constant hustle to stay relevant online. This juggling act with limited resources often makes effective marketing feel like a high-wire circus performance. Enter AI tools, promising to lighten the load, and CapCut stands out as a game-changer. AI Tools Revolutionizing Small Business Marketing Amid growing...
Continue Reading
Ping An's Bold Green Moves Ahead of APEC 2026
Ping An's Pitch for Green: Talking the Talk and Walking the Walk? Well, here's something cooking in Shenzhen at the Ping An Finance Center—an international seminar championing green development initiatives. It's all buzz around Ping An Insurance (HKEX: 2318; SSE: 601318) flexing its green muscle, orchestrating conversations right before APEC 2026. Talk about timing....
Continue Reading
Sac-TMT's Phase III Success Shifts Lung Cancer Paradigm
A New Era in Lung Cancer Treatment? Sac-TMT, the novel antibody-drug conjugate (ADC), just might be shaking up the non-small cell lung cancer (NSCLC) treatment landscape, and boy, is it making waves. Just when you think you’ve seen it all, here comes sacituzumab tirumotecan (sac-TMT), offering a glimmer of hope for patients whose treatment options have dwindled after...
Continue Reading
Tennessee's Bold Lung Cancer Trial Signals Innovation
The Heartbeat of Innovation in Cancer Therapy Who would've thought Tennessee would be at the forefront of a global push against lung cancer? Sure, there's Nashville's music scene, but it's the researchers at Tennessee Oncology who are grooving to a different beat—one that might just set the rhythm for advanced cancer therapies worldwide. Yeah, it's a trial, but not just...
Continue Reading
Dr. Boonipat Inspires Future Women Surgeons at Texas Tech
Sowing Surgical Seeds in Lubbock In Lubbock, Texas, something meaningful unfolded—an event the big market players would hardly blink at, but a significant step for the future of medicine. Led by Dr. Thanapoom "Mo" Boonipat, the founder of FacePlus Plastic Surgery Institute, a unique suturing workshop provided premed students at Texas Tech University hands-on experience...
Continue Reading
D-Wave Investors Must Decide by Dec 15 Class Suit
Facing the Class Action Deadline There's nothing like a looming deadline to stir the pot, and that's exactly what's happening with D-Wave Quantum Inc. (NASDAQ: QBTS) as it faces the heat of a class action lawsuit. Investors who got caught in the slide between February 26, 2026, and August 25, 2026, need to sharpen their pencils and mark December 15, 2026, on their...
Continue Reading
Hims & Hers Faces FTC Heat: Investor Class Action Looms
Trouble Is Brewing for Hims & Hers Investors This isn't your typical quiet stroll through the park when it comes to Hims & Hers Health, Inc. (NYSE: HIMS). We're talking about a full-blown legal showdown that's unfolding faster than you can say 'telehealth scandal.' October 25, 2026, saw the kind of announcement that makes seasoned investors' hearts skip a beat if they've...
Continue ReadingTop 5 Most Recently Viewed Articles
Discover the Enhanced Features of the New ONYX RX32 Scrubber
Introducing the New RX32 Ride-On Floor Scrubber Optimal Performance for Large-Area Cleaning In response to the growing need for effective cleaning solutions, ONYX Systems, LLC launches the advanced RX32 Ride-On Floor Scrubber. This 32-inch scrubber is designed specifically to enhance cleaning efficiency and productivity in large facilities. Unmatched Cleaning Power The...
Continue Reading
Deckers Outdoor Achieves Record Stock Price Amid Growth
Deckers Outdoor Corporation Reaches New Stock Milestone Deckers Outdoor Corporation (NYSE: DECK), known for its exceptional footwear and apparel offerings, has achieved a remarkable milestone as its stock price climbs to an all-time high of $213.03. This impressive rise is indicative of the company's strong financial health and robust market performance. With a...
Continue Reading
Remarkable Growth in Badger Meter's Financial Performance
Badger Meter's Impressive Q3 2024 Financial Results Badger Meter, Inc. (NYSE: BMI) has recently reported its remarkable financial outcomes for the third quarter that ended on September 30, 2024. The company has recorded impressive growth across its various financial metrics, indicating strong market demand and operational excellence. Key Highlights of Q3 2024 The latest...
Continue Reading
Perion Network's Collaboration with Experian Boosts Ad Targeting
Perion Network Partners with Experian to Enhance Ad Solutions Perion Network (NASDAQ: PERI), a leading figure in the digital advertising technology sector, is taking a significant step forward with its collaboration with Experian, a renowned global data and analytics company. This strategic partnership aims to enhance Perion's advertising capabilities, focusing on...
Continue Reading
Novo Nordisk Investors Seek Class Action Guidance Following Lawsuit
Insights into the Novo Nordisk Class Action Lawsuit Recent news has surfaced regarding Novo Nordisk A/S (NYSE: NVO), a major player in the global pharmaceutical industry, which is making headlines following the announcement of a class action lawsuit. This legal action is spearheaded by Berger Montague, a notable law firm based in various cities across the United States,...
Continue Reading