Trade Schibsted A - SCHAo CFD

Schibsted A Company profile

About Schibsted ASA

Schibsted ASA is a Norway-based company which operates as a holding company for Schibsted Group. The Group is organized within two operating segments: Marketplaces and Media. The Marketplaces segment comprises online classifieds operations in Norway and Sweden, including FINN.no and Blocket.se. The Media segment consists of publishing operations in Norway and Sweden, including VG, Aftenposten, Stavanger Aftenblad, Bergens Tidende, Faedrelandsvennen, Aftonbladet, Svenska Dagbladet and Omni, in addition to such companies as Lendo, Prisjakt, Let’s Deal, among others. The Company conducts its business through a net of subsidiaries located worldwide and distributes its products in Europe, Asia, Africa and the Americas. The Company owns Yapo.cl. and a share in OLX Brazil, among others.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Schibsted ASA revenues increased 13% to NOK14.62B. Net loss before extraordinary items totaled NOK18.62B vs. income of NOK1.09B. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net loss reflects Personnel Expenses increase of 12% to NOK5.49B (expense), Other Operating Expenses increase of 8% to NOK5.87B (expense).

Equity composition

06/2009, Rights Issue, 3 new shares for every 5 shares held @ NOK 34 (Factor: 1.25460).