﻿<?xml version="1.0" encoding="utf-8"?>
<linkbase xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns="http://www.xbrl.org/2003/linkbase">
  <labelLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:type="extended" xmlns:xlink="http://www.w3.org/1999/xlink">
    <loc xlink:type="locator" xlink:href="almamedia-2021-12-31.xsd#almamedia_InvestednonrestrictedequityfundMember" xlink:label="almamedia_InvestednonrestrictedequityfundMember" />
    <loc xlink:type="locator" xlink:href="almamedia-2021-12-31.xsd#almamedia_InvestedNonRestrictedEquityFund" xlink:label="almamedia_InvestedNonRestrictedEquityFund" />
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_NoncurrentFinancialLiabilities" xlink:label="ifrs-full_NoncurrentFinancialLiabilities" />
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" />
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashReceiptsFromRepaymentOfAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities" xlink:label="ifrs-full_CashReceiptsFromRepaymentOfAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities" />
    <loc xlink:type="locator" xlink:href="almamedia-2021-12-31.xsd#almamedia_MaterialsAndServices" xlink:label="almamedia_MaterialsAndServices" />
    <loc xlink:type="locator" xlink:href="almamedia-2021-12-31.xsd#almamedia_ProceedsFromSaleOfTangibleAndIntangibleAssets" xlink:label="almamedia_ProceedsFromSaleOfTangibleAndIntangibleAssets" />
    <loc xlink:type="locator" xlink:href="almamedia-2021-12-31.xsd#almamedia_CashFlowBeforeFinancingActivities" xlink:label="almamedia_CashFlowBeforeFinancingActivities" />
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_BasicEarningsLossPerShare" xlink:label="ifrs-full_BasicEarningsLossPerShare" />
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_DilutedEarningsLossPerShare" xlink:label="ifrs-full_DilutedEarningsLossPerShare" />
    <loc xlink:type="locator" xlink:href="almamedia-2021-12-31.xsd#almamedia_LunastamattomienOsinkojenPalautus" xlink:label="almamedia_LunastamattomienOsinkojenPalautus" />
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_ProceedsFromOtherLongtermAssetsClassifiedAsInvestingActivities" xlink:label="ifrs-full_ProceedsFromOtherLongtermAssetsClassifiedAsInvestingActivities" />
    <loc xlink:type="locator" xlink:href="almamedia-2021-12-31.xsd#almamedia_ContinuingOperations" xlink:label="almamedia_ContinuingOperations" />
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CurrentFinancialLiabilities" xlink:label="ifrs-full_CurrentFinancialLiabilities" />
    <loc xlink:type="locator" xlink:href="almamedia-2021-12-31.xsd#almamedia_DiscontinuedOperations" xlink:label="almamedia_DiscontinuedOperations" />
    <loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_CashAndCashEquivalents" xlink:label="ifrs-full_CashAndCashEquivalents" />
    <labelArc xlink:type="arc" xlink:from="almamedia_MaterialsAndServices" xlink:to="label_almamedia_almamediaMaterialsAndServices_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation" xlink:to="label_almamedia_ifrs-fullOtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_Total" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="almamedia_ContinuingOperations" xlink:to="label_almamedia_almamediaContinuingOperations_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="almamedia_DiscontinuedOperations" xlink:to="label_almamedia_almamediaDiscontinuedOperations_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_BasicEarningsLossPerShare" xlink:to="label_almamedia_ifrs-fullBasicEarningsLossPerShare_Total" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_DilutedEarningsLossPerShare" xlink:to="label_almamedia_ifrs-fullDilutedEarningsLossPerShare_Total" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="almamedia_InvestedNonRestrictedEquityFund" xlink:to="label_almamedia_almamediaInvestedNonRestrictedEquityFund_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_NoncurrentFinancialLiabilities" xlink:to="label_almamedia_ifrs-fullNoncurrentFinancialLiabilities_Total" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_CurrentFinancialLiabilities" xlink:to="label_almamedia_ifrs-fullCurrentFinancialLiabilities_Total" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="almamedia_ProceedsFromSaleOfTangibleAndIntangibleAssets" xlink:to="label_almamedia_almamediaProceedsFromSaleOfTangibleAndIntangibleAssets_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_ProceedsFromOtherLongtermAssetsClassifiedAsInvestingActivities" xlink:to="label_almamedia_ifrs-fullProceedsFromOtherLongtermAssetsClassifiedAsInvestingActivities_Short" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_CashReceiptsFromRepaymentOfAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities" xlink:to="label_almamedia_ifrs-fullCashReceiptsFromRepaymentOfAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities_Short" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="almamedia_CashFlowBeforeFinancingActivities" xlink:to="label_almamedia_almamediaCashFlowBeforeFinancingActivities_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_CashAndCashEquivalents" xlink:to="label_almamedia_ifrs-fullCashAndCashEquivalents_PeriodStart" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="ifrs-full_CashAndCashEquivalents" xlink:to="label_almamedia_ifrs-fullCashAndCashEquivalents_PeriodEnd" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" priority="100" />
    <labelArc xlink:type="arc" xlink:from="almamedia_InvestednonrestrictedequityfundMember" xlink:to="label_almamedia_InvestednonrestrictedequityfundMember" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <labelArc xlink:type="arc" xlink:from="almamedia_LunastamattomienOsinkojenPalautus" xlink:to="label_almamedia_almamediaLunastamattomienOsinkojenPalautus_Standard" order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" />
    <label xlink:label="label_almamedia_almamediaMaterialsAndServices_Standard" id="almamedia_almamediaMaterialsAndServices_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="fi">Materiaalit ja palvelut</label>
    <label xlink:label="label_almamedia_ifrs-fullOtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_Total" id="almamedia_ifrs-fullOtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_Total" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="fi">Translation differences</label>
    <label xlink:label="label_almamedia_almamediaContinuingOperations_Standard" id="almamedia_almamediaContinuingOperations_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="fi">Jatkuvat toiminnot</label>
    <label xlink:label="label_almamedia_almamediaDiscontinuedOperations_Standard" id="almamedia_almamediaDiscontinuedOperations_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="fi">Lopetetut toiminnot</label>
    <label xlink:label="label_almamedia_ifrs-fullBasicEarningsLossPerShare_Total" id="almamedia_ifrs-fullBasicEarningsLossPerShare_Total" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="fi">Laimentamaton osakekohtainen tulos</label>
    <label xlink:label="label_almamedia_ifrs-fullDilutedEarningsLossPerShare_Total" id="almamedia_ifrs-fullDilutedEarningsLossPerShare_Total" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="fi">Laimennusvaikutuksella oikaistu osakekohtainen tulos</label>
    <label xlink:label="label_almamedia_almamediaInvestedNonRestrictedEquityFund_Standard" id="almamedia_almamediaInvestedNonRestrictedEquityFund_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="fi">Invested non-restricted equity fund</label>
    <label xlink:label="label_almamedia_ifrs-fullNoncurrentFinancialLiabilities_Total" id="almamedia_ifrs-fullNoncurrentFinancialLiabilities_Total" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="fi">Pitkäaikaiset rahoitusvelat</label>
    <label xlink:label="label_almamedia_ifrs-fullCurrentFinancialLiabilities_Total" id="almamedia_ifrs-fullCurrentFinancialLiabilities_Total" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="fi">Lyhytaikaiset rahoitusvelat</label>
    <label xlink:label="label_almamedia_almamediaProceedsFromSaleOfTangibleAndIntangibleAssets_Standard" id="almamedia_almamediaProceedsFromSaleOfTangibleAndIntangibleAssets_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="fi">Aineellisten ja aineettomien hyödykkeiden myynnit</label>
    <label xlink:label="label_almamedia_ifrs-fullProceedsFromOtherLongtermAssetsClassifiedAsInvestingActivities_Short" id="almamedia_ifrs-fullProceedsFromOtherLongtermAssetsClassifiedAsInvestingActivities_Short" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="fi">Proceeds from sale of available-for-sale financial assets</label>
    <label xlink:label="label_almamedia_ifrs-fullCashReceiptsFromRepaymentOfAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities_Short" id="almamedia_ifrs-fullCashReceiptsFromRepaymentOfAdvancesAndLoansMadeToOtherPartiesClassifiedAsInvestingActivities_Short" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="fi">Lainasaamisten takaisinmaksut</label>
    <label xlink:label="label_almamedia_almamediaCashFlowBeforeFinancingActivities_Standard" id="almamedia_almamediaCashFlowBeforeFinancingActivities_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="fi">Rahavirta ennen rahoitusta</label>
    <label xlink:label="label_almamedia_ifrs-fullCashAndCashEquivalents_PeriodStart" id="almamedia_ifrs-fullCashAndCashEquivalents_PeriodStart" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="fi">Cash and cash equivalents at beginning of period</label>
    <label xlink:label="label_almamedia_ifrs-fullCashAndCashEquivalents_PeriodEnd" id="almamedia_ifrs-fullCashAndCashEquivalents_PeriodEnd" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="fi">Cash and cash equivalents at end of period</label>
    <label xlink:label="label_almamedia_InvestednonrestrictedequityfundMember" id="almamedia_InvestednonrestrictedequityfundMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="fi">Invested non-restricted equity fund</label>
    <label xlink:label="label_almamedia_almamediaLunastamattomienOsinkojenPalautus_Standard" id="almamedia_almamediaLunastamattomienOsinkojenPalautus_Standard" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="fi">Lunastamattomien osinkojen palautus</label>
  </labelLink>
</linkbase>