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Schibsted ASA (SCHA.OL)

Oslo - Oslo Delayed price. Currency in NOK
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414.70+3.20 (+0.78%)
As of 9:10AM CEST. Market open.
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Previous close411.50
Open412.00
Bid414.80 x 7700
Ask415.40 x 121500
Day's range411.50 - 415.20
52-week range205.50 - 440.90
Volume2,308
Avg. volume167,007
Market cap90.678B
Beta (5Y monthly)0.69
PE ratio (TTM)113.15
EPS (TTM)3.66
Earnings date06 May 2021
Forward dividend & yield2.00 (0.50%)
Ex-dividend date07 May 2021
1y target est324.50
  • Globe Newswire

    Schibsted ASA (SCHA/SCHB) – Mandatory notification of trade: Employee Share Saving Plan

    Schibsted ASA has on 06 November 2020 sold 21,861 treasury B-shares to participants in the Employee Share Saving Plan at a price of NOK 339.80 per B-share (the price is set according to standard procedure for the program during a two day period subsequent to the release of Schibsted's Q3 2020 report, the closing price on 29 October 2020). The shares will be transferred to the participants in the coming days. The transaction is related to the third enrollment window in the Employee Share Saving Plan for 2020 which closed in June 2020, and based on savings made during July, August and September 2020. In addition, Schibsted ASA has on 06 November 2020 transferred 7,701 treasury B-shares to participants in the Employee Share Saving Plan at a price of NOK 342.60 per B-share (the closing price on the vesting date for the two year holding period, 30 October 2020). The shares will be transferred to the participants in the coming days. The transaction is related to bonus matching shares given to employees who enrolled in the Employee Share Saving Plan for 2018. Shares sold and transferred to primary insider employees are disclosed in the attachment. After the transactions, Schibsted ASA holds 3,543,657 treasury A-shares and 1,294,915 treasury B-shares. For more information on the employee share saving plan please refer to the disclosure published 09 April 2014. Oslo, 09 November 2020SCHIBSTED ASA     This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act Attachment Primary insiders ESSP

  • Globe Newswire

    Schibsted ASA (SCHA/SCHB) – Mandatory notification of trade

    With reference to the mandatory notification of trade published on 03 August 2020, and following the expiration of the legally required period for creditor notification and the EGM in Adevinta ASA, primary insider in Schibsted ASA and Adevinta ASA, Blommenholm Industrier AS, will today transfer 4,320,781 shares in Adevinta ASA to Beltenut AS. After these transfers, Blommenholm Industrier AS will own 38,992,516 shares in Adevinta ASA. Following the transfers, Blommenholm Industrier AS will hold 5.69% of shares outstanding and voting rights in Adevinta ASA. The transfers are part of an agreement between the Tinius Trust and Blommenholm Industrier AS and Beltenut AS/Jan Nagell-Erichsen to redeem non-voting B-shares in Blommenholm Industrier AS held by Beltenut AS, as previously reported. This operation does not impact the voting structure of Blommenholm Industrier AS where the Tinus Trust controls all the votes and it does not lead to any change in the Tinius Trust’s ownership strategy for Schibsted ASA or Adevinta ASA. The Tinius Trust and Blommenholm Industrier AS are represented on the Board of Adevinta ASA by Terje Seljeseth and on the Board of Schibsted ASA by Ole Jacob Sunde and Karl-Christian Agerup. For more information on the Tinius Trust and the redemption of shares, please visit www.tinius.com. Adevinta ASA is 59.3% owned subsidiary of Schibsted ASA. Oslo, 30 October 2020SCHIBSTED ASA This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

  • Globe Newswire

    Schibsted ASA (SCHA/SCHB) – Interim Financial Statement Q3 2020

    Today, Schibsted released its Q3 2020 results. Comments from the CEO “Q3 marks an exceptional quarter for Schibsted. Based on a long-term strategy and efforts, and as a next major step after the spin-off in 2019, Adevinta announced in July a definitive agreement to acquire eBay Classifieds Group. The acquisition will create the largest online classifieds Group in the world and I, together with our Board of Directors and the management team, am confident that this will further strengthen the value creation potential for Schibsted and the rest of Adevinta’s shareholders,” CEO Kristin Skogen Lund says. “Related to the same transaction, Schibsted will acquire eBay Classifieds’ leading online classifieds businesses DBA.dk and Bilbasen.dk in Denmark. Together with the recent acquisition of Oikotie in Finland, this will enhance our position as the Nordic online classifieds champion, well positioned for further growth,” CEO Kristin Skogen Lund says. “Furthermore, we achieved a very strong quarterly EBITDA while currency adjusted revenues were flat compared to last year. Since the initial revenue contraction at the onset of the pandemic in Q1, revenues have improved, and our businesses are in good – some even in better – positions. Within Nordic Marketplaces, underlying revenues are still down compared to last year, but website traffic has stabilized at a higher level than pre-COVID-19 and listings have improved over the last couple of months. In News Media, both traffic and engagement figures are higher, and our subscriptions business – which is a key focus for the continued transformation of our media businesses – continues to grow. Distribution and Prisjakt, our e-commerce enabling businesses, have seen continued strong growth as well – driven by increased online shopping trends due to social distancing,” CEO Kristin Skogen Lund says. “As a result of the revenue recovery, and strongly supported by tightened cost control and temporary cost savings, all business areas achieved good margins in the third quarter. In particular News Media delivered an extraordinary strong margin as the cost program has progressed faster than previously planned and due to lower costs driven by remote work,” CEO Kristin Skogen Lund says. “Looking ahead, I am excited about our long-term possibilities based on our strong positions and capabilities. Nevertheless, visibility remains limited in the short-term. Revenue development throughout the third quarter was characterized by an exceptionally strong July when people vacationed in their home countries rather than going abroad. Furthermore, the last weeks' increase in COVID-19 infections in the Nordics and all over Europe has led to more volatility and uncertainty,” CEO Kristin Skogen Lund says. Highlights of the quarter: Reaching the next major step for Adevinta after the spin-off in 2019 as it announced the definitive agreement to acquire eBay Classifieds Group. Related to the transaction, Schibsted will acquire eBay Classifieds’ leading online classifieds businesses DBA.dk and Bilbasen.dk in Denmark.Very strong EBITDA of NOK 678 million while currency adjusted revenues were flat compared to last year.Nordic Marketplaces: Revenues continued to improve compared to Q2 driven by Real estate and Motor, declining 3 percent YoY (on a foreign exchange neutral basis and adjusted for the acquisition of Oikotie) due to COVID-19. EBITDA margin of 47 percent in Norway and Sweden.News Media: Strong growth for digital subscriptions continued, advertising revenues with further improvement QoQ with digital advertising revenues increasing YoY. Extraordinary strong EBITDA margin of 15 percent driven by cost savings from the cost program which progresses faster than planned and reduced variable costs driven by remote work.Financial Services: Revenue growth still impacted by COVID-19, particularly in Lendo Sweden as banks have continued to be more restrictive in their lending practices, while Lendo Norway increased YoY. Strong EBITDA margin in Lendo due to improved cost and marketing efficiency, and lower expansion investments.Growth: Another quarter with good revenue growth due to Prisjakt and Distribution which have benefited from increased online shopping trends driven by COVID-19. EBITDA growing QoQ and YoY driven by higher revenues.  Third quarter  Year to date (NOK million)20202019Change  20202019Change Schibsted Group       Operating revenues3,188 3,032 5%  9,287 9,337 (1%)   - of which digital1,971 1,771 11%  5,648 5,513 2% EBITDA678 542 25%  1,461 1,517 (4%) EBITDA margin21%18%  16%16%  Alternative performance measures used in this release are described and presented in the section Definitions and reconciliations in the quarterly report. Webcast presentation including Q&A: CEO Kristin Skogen Lund and CFO Ragnar Kårhus will present the Q3 results in a combined webcast and conference call on 28 October at 09:00 CET. The presentation and following Q&A session will be held in English. The webcast can be viewed live at schibsted.com/ir (link: https://bit.ly/31JTS5G). Participants who would like to ask questions at the end of the presentation can dial in using one of the telephone numbers listed below. It will not be possible to ask questions on the web via chat. Dial-in details:Please join the event 5-10 minutes prior to scheduled start time. Norway: +47 2100 2610Sweden: +46 (0)8 5033 6574Finland: +358 (0)9 7479 0361Denmark: +45 35 15 80 49UK: +44 (0)330 336 9125US: +1 929-477-0402Other locations: Please choose one of the above Confirmation code: 1289976 A recording of the presentation will be available on the IR website shortly after the live webcast has ended. Please note that the moderated Q&A session after the presentation will replace the conference call for investors and analysts previously held at 14:00 CET. As a result of the COVID-19 pandemic, it will not be possible to attend the presentation in person at our headquarters in Oslo. Press/media can reach out to Schibsted’s Head of External Communications & Brand Management, Nathalie Kåvin (nathalie.kavin@schibsted.com), to set up separate one-on-one interviews with CEO Kristin Skogen Lund. Contact persons: Jann-Boje Meinecke, Head of IR, +47 941 00 835Malin Langtvet, IR Officer, +47 916 86 710 Nathalie Kåvin, Head of External Communications & Brand Management, +47 934 01 363 Oslo, 28 October 2020SCHIBSTED ASA This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act Attachments Q3 2020 Report Q3 2020 Financials and analytical info Q3 2020 Presentation