Presentation

Talentum
Capital Markets Day
5th
Helsinki
of March, 2014
Talentum, investment case
2
# Brands
# Improving margins
# Top segment customers
# Asset light
# Loyalty
# Low debt
# Quality content
# Growth
# Interaction
# New management
All figures excluding extraordinary items
Strategy in brief
- Professional information at the center
Print
Digital
Content
Events
Who we are today
CEO,
Director, Magazine
Business Sweden
Aarne Aktan
In Talentum since 2011
Director,
Magazine Business Finland
Tuomas Hämäläinen
In Talentum since 2004
4
General Counsel,
Director, Books and
Legal Training
Lasse Rosengren
In Talentum since 2002
CFO
Niclas Köhler
In Talentum since 2011
Director, Event Business
Tapio Teppo
In Talentum since 2014
Director,
Business Development
Santtu Elsinen
In Talentum since 2012
1. Roadmap from traditional print house
to multimedia company
Major drop occurred 2008-2010:
Mindset changes:
• Advertising sales dropped 36%
in Talentum
• Recruitment advertising dropped
40% in Talentum
1) We realized that the good times would not come back i.e. recruitment
advertising sales as main profit generator
• Finnish market decreased 23%,
Sweden 31%
3) Focus on the strongest brands leveraging them to create new offerings
(Print + Online + Events)
2008
2009
2010
Waited for a recovery that
never occurred
5
2011
2) Disposed of non-core assets and created new brand based strategy
2012
2013
2014
2015
2016 
Systematic work with the following priorities:
• Content sales (emphasis on profit generation)
• Product advertising sales (out-bound sales strategy)
• Cost savings, productivity and increased cost base
variability
• Online development (Talentum Summa)
Share of net sales 2013
2a. Magazines Finland
35%
- Segment basics and value creation
Number of readers (1000 readers)
EBIT, MEUR
Net Sales, MEUR
3.5
3.0
3.0
2.4
2.5
1.0
0.5
30
28
1.6
1.3
26
0.5
25
24
2009
2010
Talouselämä
129
184
2011
2012
Tekniikka&Talous
Arvopaperi
72
Tietokone (KMT/12)
27
0.0
6
31
29
2.0
1.5
KMT (2013/2012), TNS PA (2013)
113
98
MPC
Other (KMT/PA)
86
2013
Main businesses
Sales structure
Business value drivers:
Talouselämä
Major, content: B2B, TEK, SEFE
Minor, ads: B2B in general
 Strong brands in target groups
Tekniikka & Talous
Major, ads: industrial sector, recruitment
Minor, content: TEK
 Audience is decision-makers
Arvopaperi
Major, content: B2C
Minor, ads: financial sector
MPC & Tietokone
Major, content: B2C & B2B
Mediuutiset (50%)
Major, ads: health care sector
Tietoviikko
Major, ads: ICT
Minor content: TTL
Fakta
Major, content: B2B professionals
 Quality content for professionals
 Cross media brands: print, online & events
2b. Reader profile in Finland
- Data from Talouselämä and Tekniikka&Talous (KMT2013)
Household income level
Job position
26%
16%
Executive
Over 100 000+
€/year
13%
Upper official
48%
16%
23%
75 001 - 100 000
€/year
33%
16%
Polytechnic
27%
23%
12%
11%
9%
13%
34%
35 001 - 75 000
€/year
5%
5%
36%
7%
High school
10%
39%
25%
50%
Talouselämä
7
University
6%
27%
0%
52%
19%
3%
Entrepreneur
Education
0%
25%
Tekniikka & Talous
50%
Total population
10%
0%
25%
50%
2c. Market overview – Magazines Finland
- Content sales development
Market definition
Potential readers are defined to be professionals: business
people, engineers, lawyers, doctors, etc.
Main competitors
Kauppalehti (KL), Kauppalehti Optio, Taloussanomat, Suomen Kuvalehti,
Mikrobitti (MB), IT-viikko, Tekniikan Maailma, Rakennuslehti,
Suomen lääkärilehti
Change in number of readers (2013 vs. 2012)
TE
T&T
MPC
AP
TiVi
MB
KL
HS
20 000
15 000
10 000
16 000
5 000
0
6 000
0
-2 000
-5 000
-5 000
-7 000
-12 000
-10 000
-15 000
-21 000
-20 000
-25 000
8
9,5%
0,0%
Source: KMT 2013 and KMT S12/K13
-2,7%
-5,5%
24,0%
-9,6%
-3,9%
-1,4%
2d. Market overview – Magazines Finland
- Online activities
Unique browsers, weekly averages
Source: TNS Metrix
MEUR
140
250 000
114.1
120
102.7
+10,0%
100
80
77.0
121.1
+5,8%
200 000
+25,0%
150 000
60
40
100 000
20
50 000
0
2010
2011
2012
2013
0
Total online advertisement (excl. electronic
directories and search engines) amounted to 121
MEUR in Finland in 2013 (+5,8% vs. 2012)
TE
Tivi
2011
2012
T&T
AP
2013
Source: TNS Ad Intelligence
Modest development vs. Sweden, where the
online increase in 2013 was as high as 18,8%
(Sveriges Mediebyråer)
9
During 2013 Talouselama.fi online readers
increased by 20%
2e. Market overview – Magazines Finland
Advertising sales development
Market definition and size
Total advertising market in Finland amounts to 1 006 MEUR
Main competitors
Kauppalehti, Kauppalehti Optio, Taloussanomat, Suomen Kuvalehti,
Mikrobitti, IT-viikko, Tekniikan Maailma, Rakennuslehti,
Suomen lääkärilehti and Helsingin Sanomat’s recruitment adds
Quarterly change in advertising (2012-2013)
vs. change in Talentum’s product advertising sales
%
Source: TNS Ad Intelligence Finland
15.0
11.0
10.0
5.0
1.7 2.0
0.0
-1.4
-5.0
-3.0
-3.0
-5.9
-10.0
-11.0
-15.0
-7.5
-9.0
-11.9
-14.0
2012/Q1
Q2
Q3
-10.0
-11.0
-14.3
-20.0
2011
Q4
-16.2
2013/Q1
-10.5
-15.7
Q2
Q3
Improvement in Talentum’s relative performance since Q4/2012
10
Talentum’s
product
advertising
Q4
Total
advertising
market
Share of net sales 2013
3a. Magazines Sweden
26%
- Segment basics and value creation
EBIT, MEUR
Net Sales, MEUR
3.0
30
2.4
Number of readers (1000 readers)
Orvesto Näringsliv (2013)
2.4
24
25
2.0
69
30
1.7
Affärsvärlden
20
1.0
Ny Teknik
15
Lag & Avtal
10
0.0
-1.0
-0.2
-0.4
2009
5
Dagens Media
197
0
2010
2011
2012
2013
Main businesses
Sales structure
Business value drivers
Ny Teknik
Sveriges Ingenjörer,
Ingenjörsamfundet, Media presence
(both print and online)
Reader loyalty among engineers
Strong market position in engineer recruitment
Affärsvärlden
Free market circulation,
online media
Well recognized and appreciated brand
Strong journalistic content
Lag & Avtal
Free market circulation
Best-of-class journalistic content in industry
Dagens Media
Online media, print media
Strong online traffic generation capability
11
3b. Reader profile in Sweden
- Data from Sifo Orvesto konsument 2013
Personal income level
Job position
Education
5%
Highest level
59%
51%
University
15%
2%
28%
19%
41%
Executive
33%
Second highest
39%
11%
Polytechnic
15%
14%
11%
12%
29%
Third highest
18%
High school
22%
19%
35%
0%
25%
50%
NyTeknik (NyT)
12
0%
25%
Affärsvärlden (AfV)
50%
Total population
26%
0%
25%
50%
3c. Market overview – Magazines Sweden
- Content sales development
Market definition and size
Potential readers (technology & finance) amounts to 1,5 million persons
Main competitors
Ny Teknik: Dagens Industri, SvD Näringsliv Vardag, Computer Sweden
Affärsvärlden: Chef, Privata Affärer, Veckans Affärer, Dagens Industri
Development of readership in thousands of persons
Paid subscriptions (2013)
450
Ny Teknik: 158 200 (+900)
Affärsvärlden: 16 900 (-1400)
400
350
300
292
297
290
263
268
Ny Teknik
250
Affärsvärlden
200
Dagens Industri
150
Computer Sweden
99
100
89
95
2010
2011
80
69
2012
2013
Veckans Affärer
50
0
2009
Good development in Ny Teknik vs. all main competitors in Sweden
13
Source: Orvesto 2013
3d. Market overview – Magazines Sweden
- Advertising sales development
Market definition and size
Total advertising market in Sweden amounts to EUR 3,6 billion (2013e)
Main competitors
Dagens Industri, Veckans Affärer, AKT, PRA, V-Tid,
Personal och ledarskap, Resumé, Automation
Annual change in advertising – Professional magazines
0
3.5
Annual change in %
-10
-9.2
-15
-20
-25
14
Source: IRM 5.12.2013
-9.2
-8.0
-9.6
-8.0
-8.0
2.5
-7.0
-10.0
-12.1
2.0
1.5
-18.9
1.0
-17.4
-20.1
0.5
0.0
Professional magazines share of total
advertising in % (dotted line)
3.0
-5
3e. Market overview – Magazines Sweden
- Online advertising development
Market definition and size
Total online advertising market amounts to EUR 1,0 billion (2013e)
Main competitors
Dagens Industri, Veckans Affärer, AKT, PRA, V-Tid,
Personal och ledarskap, Resumé, Automation
Annual change in advertising – Internet
16
35
14.1
14
Annual change in %
12
30
12.6
12.3
9.9
10
8.6
8.5
9.1
15
5.9
6
10
4
5
2
0
0
Q1/2012
15
25
20
8.1
7.5
8
9.7
Source: IRM 5.12.2013
Q2
Q3
Q4
Q1/2013
Q2
Q3
Q4
Q1e/2014
Q2e
Q3e
Q4e
Internet share of total
advertising in % (dotted line)
11.9
Share of net 11%
sales 2013
11 %
4a. Books and legal training
- Segment basics and value creation
EBIT, MEUR
1.8
1.6
1.4
1.2
1.0
0.8
0.6
0.4
0.2
0.0
Net Sales, MEUR
Number of titles and seminars per annum
10
1.5
8
55
1.0
0.8
6
0.7
0.5
4
Legal content
Business books
120
Legal training
35
2
0
2009*)
2010
2011
2012
2013
*) 2009 includes Talentum training
Main businesses
Sales structure
Business books
B2B professionals
Legal content
- Finnish law books
- suomenlaki.com
- Legal commentaries
Lawyers, authorities
Legal training
Lawyers, authorities, HR and
accounting professionals
16
Business value drivers
Best authors and current topics
Reliable content and credited authors
and lecturers
4b. Market overview – Books and
Legal training in Finland
Market definition and size
Total market of printed books is approximately 245 MEUR, relevant market is
approx. 12 MEUR
Main competitors
Edita Publishing and SanomaPro. In digital legal services Edita’s Edilex as well
as Finlex (free service) are the main competitors to Talentum’s suomenlaki.com
Legal Training is managed together with business and legal books, Talentum’s market share in this sub-segment was
approximately 40% in 2013. Main competitors are Lakimiesliiton koulutus, SanomaPro, Edita and Yritysakatemia.
Market shares (%) within the “society”
sub-segment (legal & business books)
Share of main book segments out of total
market (MEUR)
Sanoma;
16%
Non-fiction /
other; 63.3
Fiction; 39.6
Edita; 17%
Non-fiction
/ society;
12.0
Talentum
56 %
Other 9 %
Learning;
85.3
Stable market
17
Source: Suomen Kustannusyhdistys, vuositilasto 2012
Share of net sales 2013
15 %
15%
5. Direct marketing
- Segment basics and value creation
EBIT, MEUR
Net Sales, MEUR
1.6
1.4
1.4
1.2
1.2
1.0
0.8
1.2
Direct marketing offices
14
1.2
12
7
10
Finland
8
0.7
6
0.6
0.4
4
0.2
2
0.0
17
Latvia
9
0
2009
2010
2011
2012
2013
Business structure
Business value drivers
Almost 200 partners in Finland, Estonia
and Latvia
Flexibility in adaption to changes in markets and product mix
33 offices in Finland, Estonia and Latvia
Workforce availability is key success factor. With wide locations of
offices workforce is ensured and also sales campaigns benchmarking
and testing are very reliable.
B2B and B2C sales
B2B and B2C sales mix is optimized to correspond with changes in
markets
Talentum’s products telesales
Significant role in Talentum content sales: magazines, books and legal
training in Finland
18
Estonia
Share of net sales 2013
6a. Events
17 %
17%
- Events segment basics and value creation
Number of events and trainings
EBIT, MEUR
Net Sales, MEUR
0.0
90
60
280
Finland
-0.2
Sweden
-0.4
15
10
-0.4
Denmark
-0.5
-0.6
5
-0.6
-0.8
0
2011
2012
2013
Value creation drivers
Main businesses
Sales structure
Business value drivers
Events for decision
makers
Major revenue stream: Partner sales.
Minor revenue stream: Delegate sales
Choice of topics and speakers, database
quality of defined target group, leveraging
strong brands and visibility in media,
top-class arrangements
Events for experts
Major revenue stream Delegate sales.
Minor revenue stream: Partner sales
Choice of topics and speakers, database
quality of defined target group, internal
efficiency in event production
Tailored events for
partners
Partner sales
Database quality of defined target group,
excellency in event organizing
Trainings
Delegate sales
Topics and trainer network, size and
quality of database, quality of trainings
19
6b. Market overview – Events Finland,
Sweden and Denmark
Estimated market size in MEUR
120
100
100
80
70
70
60
Top 5 events by Talentum
•
•
•
•
•
Treasury + Cash (FI, SE, DK, NO)
Nordic Back Office (FI, SE, DK, NO)
Information Management Summit (FI)
Information Security Summit (FI)
Bank 2.0 (SE)
40
Main competitors
20
Finland
0
Finland
Sweden
Denmark
• Events: Management Events, Wanha Satama,
Suomen Messut
• Training: Tieturi, Rastor, AEL, KHT-Media, Ajantieto,
Laatukeskus, Yrittäjien koulutuskeskus
Sweden
• Management Events, Informa, Conductive, Midfield
media, Ability Partners, DI conferences, IDG
Denmark
• Management Events, TF-Group, Mentor Online,
Easyfairs, Bonnier, Børsen Ex, IDG
20
Source: Management estimation
6c. Track to profitable growth in Events
Reasons behind poor profitability
Actions to improve profitability
Growth has been created by increasing events and
training volume but average revenue per event is at too
low level
Build further current key events and reduce the overall
number of events
Segment focus has not been aligned among the different
countries except banking
Align the key segments and events among the Nordic
countries (banking, finance, IT, healthcare) to get strong
market position
Inadequate financial steering
Implement simple and transparent financial steering
model
Very limited co-operation with other Talentum businesses
Cross-selling in partner sales in Finland and Sweden
Content co-operation with the relevant editorial staff within
Talentum magazines
Denmark expansion has been poorly managed that has
led to high personnel turnover
21
New country manager in Denmark since 1.1.2014
7. Value drivers in Talentum
Opportunities
•
Strong brands in Finland and in Sweden
Challenges
•
– Loyal readers
– As a consequence, Talentum is well positioned
to manage the transition from print to digital,
supported by the recent successful launch of the
Summa online platform
– Quality journalism
•
High value target groups – Talentum reaches
the best educated people with highest
earnings
– Summa brings considerable added value to
advertisers (existing & new)
•
•
22
Reduced dependency on cyclical recruitment
advertising
Debt-free balance sheet important in a
transition phase
Share of print still remarkable, but no
immediate signs of a crash
•
Current earnings level modest
– The stable circulation sales combined with a
small rebound in advertising sales and ongoing
restructuring of the Swedish and Events
operations expected to result in an earnings
recovery in 2014 onwards
8a. Financial priorities of Talentum
Growth
•
•
•
•
Events
Direct marketing
Talentum Summa
Select M&A
Margin improvement
Cost management
• Events – lack of M&A related
IFRS items from the
acquisition 2014 onwards
• Talentum Summa
• Magazines Sweden
•
•
•
•
Capital efficiency
•
•
•
•
23
Strong balance sheet
Negative working capital
Low amount of bad debts
Capex level low; 1-1,5 MEUR
Magazines Finland
Group/HQ
Books and legal training
Magazines Sweden
8b. Financial performance
- Despite material drop in advertising sales Talentum has managed to
slightly increase its profit level through cost reduction
Net Sales*
MEUR
90
80
70
60
50
40
30
20
10
0
83.5
74.1
MEUR
77.2
75.6
66.8
Structural changes
2009
2010
2011
2012
2013
4
3
3
2
2
1
1
0
-1
-1
-2
EBIT-%
•
•
•
•
•
EBIT* excl. one-off items
3.1
2.4
2.4
2011
2012
2013
2,8%
4,0%
2.0
2009
2010
-0.9
-1,3%
2,7%
A paradigm shift occurred after the recession in 2008, when the formerly vital recruitment advertising sales
almost disappeared
In 2009 costs were cut both in Finland and in Sweden. At the end of the year Sverige Bygger/Norge Bygges were
acquired.
Events was acquired in 2010
Sverige Bygger/Norge Bygges and Talentum HR were sold in 2011
Cost savings program was introduced in 2012
*) Continuing operations (i.e. excluding Sverige Bygger/Norge Bygges), but including Talentum HR
24
2,9%
8c. Sales split 2013
Sales by type, Mag FI
Total sales, 26,4 MEUR
Sales by segment
Total net sales 75,6 MEUR
Adv.
product
8.3
Content
16.3
DM 11.6
Mag FI 26.4
Adv.
recruitm
ent; 1.8
Sales by type, Mag SWE
Total sales, 19,9 MEUR
Events 12.6
Mag SWE
19.9
Books/LT
8.1
Magazine business forms 61%
out of total net sales
25
Adv.
product
6.1
Adv.
recruitm
ent 4.4
Content
9.5
8d. Net Sales and EBIT development
Net Sales 2013 vs. 2012, Mag Finland
EBIT by segment, TOTAL 3,1 MEUR (2,4 MEUR)
1.0
0.5
Mag FI Mag SWE Books/LT Events
DM
Other
4.0
0.59
3.0
0.0
3.0
-0.15
-0.5
-1.35
-1.0
2.0
1.6
1.7
1.0
1.0
-1.5
Content
1.4 1.2
0.7
Advert. Product Advert. Recr.
0.0
-1.0
-0.2
-0.5 -0.4
-1.2
-2.0
Net Sales 2013 vs. 2012, Mag Sweden
-3.0
-2.8
0.0
-4.0
-0.10
-0.5
-1.30
-1.83
-1.0
2013
In 2010 i.e. before the restructuring in Finland,
magazines & books/LT generated only 1,4 MEUR EBIT
-1.5
-2.0
Content
26
2012
Advert. Product Advert. Recr.
8e. Balance sheet development
- 2011 disposals of non-core business units helped strengthen the
balance sheet
Equity ratio (%)
60%
Net Debt
54.1 %
47.7 %
50%
40%
31.4 %
47.7 %
34.4 %
30%
20%
10%
0%
2009
27
2010
2011
2012
2013
14
12
10
8
6
4
2
0
-2
-4
12.2
12.4
1.1
0.5
2012
2013
-1.5
2009
2010
2011
8f. 3-year Enterprise value and EBIT
development
120
100
3.1
3.1
3.0
100
80
2.5
2.4
2.2
2.1
72
60
64
1.8
69
2.5
2.2
1.9
60
2.0
1.7
62
40
54
1.5
50
45
46
47
1.0
20
0.5
0
0.0
Q1/11
Q2/11
Q3/11
Q4/11 Q1/12
EV (MEUR)
Q2/12 Q3/12 Q4/12 Q1/13 Q2/13
EBIT* rolling 12 months (MEUR)
Enterprise value = Market cap at end of period + net debt +
non-controlling interest + pension liability
* Excluding non-recurring items
28
3.0
2.7
93
3.5
Q3/13
Q4/13
8g. 3-year share price chart compared to
peers
- 28.2.2011 - 28.2.2014
29
8h. Share trading statistics since 2011
Talentum average daily trading volume (shares)
50 000
40 000
38 294 38 920
30 000
24 682
23 429
20 000
17 356
14 750
10 136
10 000
12 301
9 647
4 623
6 355
Q2/12
Q3/12
8 798
5 806
0
Q1/11
30
Q2/11
Q3/11
Q4/11
Q1/12
Q4/12
Q1/13
Q2/13
Q3/13
Q4/13 Jan-Feb
'14
8i. Indicative financial targets
on a mid/long-term basis
EBIT (%)
Magazines: Material increase in
Sweden from cost savings and better
managed organization, in Finland from
increased digital sales
15 %
Books/LT: Only modest increase in
sales, but higher profit from digital
sales/products)
10 %
F
Direct Marketing: Organic growth
expected to remain on a good level and
only a small increase in profit is
foreseen
Magazines FI
Events: Material increase in profit
generation due to improved financial
steering and better Group integration
5%
Assumption is that no material drop in
macro economy occurs
0% S
0%
Magazines SE
5%
10 %
15 %
Organic growth p.a.
31
8j. Guidance
Talentum estimates that its comparable net sales for 2014 will remain approximately at
the same level as in 2013 and that its comparable operating income without nonrecurring items will be higher than in 2013.
32
8k. Ownership
- As of February 28th, 2014
Current largest shareholders
1. Alma Media companies
32,1%
2. Accendo Capital (Nordea Bank nominee account)
11,3%
3. Ilmarinen Mutual Pension Insurance Company
9,7%
4. OP-Finland Small Firms Fund
6,1%
5. Oy Herttaässä Ab
6,1%
6. Academic Engineers and Architects in Finland TEK
3,6%
7. Svenska Handelsbanken AB
3,6%
8. Investment Fund Alfred Berg Finland
2,5%
9. Mäkelä Kai
1,8%
10. Evli Mutual Funds
1,7%
33
9a. SUMMA Business Case
Summa is a digital service that
combines Talentum's
magazines, books and online
content into one content
service. It contains all familiar
brands, such as Talouselämä,
and comprehensive subject
channels with which users can
tailor Summa according to
their needs.
Summa is accessible via
computer, tablet or
smartphone.
34
9b. Talentum sources of value
Content,
Brands &
Advertising
High Value
35
Print
Websites
SUMMA
Events
Subscribers,
Readers &
Event delegates
High Value
9c. SUMMA
- Business priorities
Convert union
print subscribers
into digital
• Typical union
subscriptions are
heavily discounted,
so digital
conversion enables
significant EBIT
improvement due to
(almost) nonexistent distribution
costs
Build user base
• Convert existing
print customers
into digital
(typically around
~20 % willingness)
• Convert open sites’
users into
registered users to
build potential
subscription base
and smart
advertising
audience
Sell digital
content
Create smart
advertising
• Promote, cross-sell
and upsell content
to registered users
and existing print
subscribers
• Package content
into new products
(e.g. topical
channels) and
combinations (e.g.
third product for
free) to create new
revenue sources
• Enable
organizational
sales
• Target advertising
based on behavior
(e.g. read articles)
and demographic
data  Fewer
contacts with
higher per contact
prices
• New advertising
formats (e.g. 1click leads, content
sponsorships) and
content marketing
possibilities (e.g.
external content in
Summa)
Basis: Collect Talentum’s content into one service
(Swedish content coming during Q2, legal content in separate service)
36
Long-term value
• Distribution
channel under
Talentum’s control
• Strengthens
connection
between
content/brands and
readers
• Opportunity to
create value in
production &
distribution
9d. SUMMA
- Priorities in mid/long-term period
Emphasis
Summa launched during Q4/2013
User registrations
Digital content sales
Technical development
Smart advertising sales
Union conversions
2013
2014
2015
2016
2017
At the beginning of March 2014:
• 10 000 registered users (of which)
• 5 000 registered union users
• Content sales exceed production and distribution (technology) costs
37
9e. SUMMA
- Content usage data (3rd of March 2014)
Popularity of brands and topic channels
Configured channels per user
38
Number of subscribers
Number of subscribers
Talouselämä
ICT
Tietoviikko
Tekniikka & Talous
MPC
Arvopaperi
Fakta
Markkkinointi & Mainonta
Tietokone
Mediuutiset
Investing
CIO
Management & Working life
Metallitekniikka
Finance & Politics
Gadgets & Software
R&D and Education
Arvoasunto
Media
Energy
Construction
Environment
Healthcare
Transport
Retail & Consumer
Industries
1
2
3
4
5
6
7
8
9
> 10
High number of configured channels
indicates cross-selling potential, as
there are very few customers who order
more than two printed products from
Talentum.
Brand channel (e.g.
Talouselämä)
Topic channel (i.e.
content centered on
a single topic,
collected from all
brand channels)
9f. SUMMA
- Content usage data on different platforms (weeks 8-9/2014)
Platforms used
100.0 %
100
90.0 %
90
80.0 %
80
70.0 %
70
60.0 %
60
50.0 %
50
40.0 %
40
30.0 %
30
20.0 %
20
10.0 %
10
0.0 %
0
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23
Time of day
Total volume
39
Desktop
Mobile + Tablet
24%
12%
Indexed total volume
Share of desktop / mobile + tablet usage
Mobile / desktop split
Desktop
64%
Mobile
Tablet
9g. SUMMA
- Roadmap for 2014
Q1
1
2
Q2
3
4
U
• Integration with unions’
membership management
systems
• Search
• Recruitment ads/articles
• Full page ads
• Support for organizational
licenses
Q3
5
U
6
U
7
U
• New user interface
• Swedish content available in
Summa
• Discussions and article
comments
• External content channels
• Magazine archives
• Sponsored subscriptions
Q4
8
U
9
U
40
U
Major upgrade
U
Minor upgrade
U
• Offline support
• Automatic user profiling
• HTML5 reader for books
• 3rd party books
Customer database development (CRM)
Planned updates
10
11
U
12
U
• Data
visualization
U
9h. SUMMA
- Examples of new user interface
41
Talentum
Itämerenkatu 23, 00180 Helsinki
P.O. Box 920, 00101 Helsinki
Email: [email protected]
www.talentum.com
Upcoming investor events:
•
27 March 2014, Annual General Meeting at 2 p.m. in
Helsinki
•
24 April 2014, Interim Report Q1/2014. Briefing at 11 a.m.
Sokos Hotel Vaakuna, Asema-aukio 2, 00100 Helsinki