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

Q2 2021 Schibsted ASA Earnings Call Transcript

Jul 16, 2021 / 07:00AM GMT
Release Date Price: kr469.75 (+1.66%)
Malin Langtvet

Good morning, everyone, and welcome to the presentation of Schibsted's Q2 results. My name is Malin, and I'm Investor Relations Officer at Schibsted and substituting for Jann-Boje when he's on paternity leave.

Similar to last time, we will stream the presentation fully remotely from different locations. As usual, Kristin, our CEO, and Ragnar, our CFO, will present our results and progress for the second quarter. At the end of the presentation, we will open for a Q&A session. And here, we will also be joined by Christian, our Head of Nordic Marketplaces. (Operator Instructions)

So with that, let me hand over to you, Kristin. Please go ahead.

Kristin Skogen Lund
Schibsted ASA - CEO

Thank you so much, Malin, and welcome, everyone. And after a very strong first quarter, we are happy to see an even stronger development through the second quarter, driven by a solid market recovery.

The revenues did not just grow compared to last year, which was the quarter that was the most negatively affected by COVID, but we also saw a 9%

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