Here is Juho Toratti’s analysis of Sanoma following Q1 
Sanoma started the year 2024 strongly. High expectations have been placed on the current year, as curriculum reforms in Learning’s largest market areas are estimated to accelerate Sanoma’s growth. In the first quarter, the company delivered revenue slightly better than the consensus forecast compiled by LSEG Workspace, thanks to the learning business and especially its main markets in the Netherlands, Spain, and Poland. Growth expectations have been focused particularly on Spain and Poland, so the success in the first quarter in these markets builds confidence that growth will only accelerate during the seasonally stronger second and third quarters.