Schibsted ASA (OTCPK:SBSNY)

$ 33.4 -3.27 (-8.92%) Market Cap: 7.74 Bil Enterprise Value: 7.52 Bil PE Ratio: 6.96 PB Ratio: 2.67 GF Score: 72/100

Q3 2021 Schibsted ASA Earnings Call Transcript

Oct 27, 2021 / 07:00AM GMT

Release Date Price: $53.95

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, and I'm heading Investor Relations. After presenting our presentation full remotely for several quarters, it feels great to be back here at our headquarters. As usual, Kristin, our CEO; and Ragnar, our CFO, will present the results and progress for the quarter. (Operator Instructions) And like last time, Christian, EVP for Nordic Marketplaces, will also join us. (Operator Instructions)

And with that, please let me hand over to Kristin. Please go ahead.

Kristin Skogen Lund

Schibsted ASA - CEO

Thank you very much, Jann-Boje, and welcome, everyone. So let me start with the highlights before we have a closer look at the development for the quarter. I'm happy to share that we continued our positive development in the third quarter with an underlying revenue growth of 11%, ensured by an increase in revenue across all segments and a strong EBITDA margin of 21%.

Nordic

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