You are here

A media stock that's up 163% in a year - what's there not to like?

But analysts aren't buying into Sanoma's turnaround as they don't see how it can generate growth needed to support level of its share price


EUROPE'S best-performing media stock is also among the least liked by analysts. Finland's Sanoma Oyj has more than doubled in value in the past year, helped by a return to profit after five quarters of losses.

The Helsinki-based company has cut jobs, assets and costs....