Schibsted ASA (LTS:0MHM)

kr 377.6 -8.2 (-2.13%) Market Cap: 84.73 Bil Enterprise Value: 82.27 Bil PE Ratio: 7.04 PB Ratio: 2.70 GF Score: 62/100

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kr221.5 (-4.15%)

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Oct 28, 2020 / 08:00AM GMT

Release Date Price: kr390.8 (-2.52%)

Transcript

Jann;Boje Meinecke

Schibsted ASA - VP & Head of IR

Good morning, everyone, and welcome to the presentation of Schibsted's Q3 results. My name is Jann-Boje Meinecke, and I'm the Head of Investor Relations. As usual, Kristin Skogen Lund, our CEO, will present the highlights of the quarter and the development in our businesses. Afterwards, our CFO, Ragnar KÃ¥rhus, will then present the financials in further detail.

(Operator Instructions) Before Kristin will start the presentation, let me highlight that Adevinta will be presented as discontinued operations from Q3 and until the eBay deal is closed. As a result, consolidated revenues and EBITDA of Adevinta will not be part of Schibsted's figures. Figures for 2018 and 2019 have been represented accordingly for a like-to-like comparison.

Let me then hand over to Kristin. Please go ahead.

Kristin Skogen Lund

Schibsted ASA - CEO

Thank you, Jann-Boje, and good morning, and warm welcome to everyone. I will start with our highlights. And Q3 marks an exceptional quarter for

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