Excluding Adevinta (reported yesterday), Q1 revenues was broadly in-line
…while EBITDA was 10% below consensus and 6% below our estimate
Positive mix: classifieds slight better, newspapers/ Lendo/ Growth weaker
Cost savings increased within News Media and lower investments in Lendo
06 May 2020
Q1 first read: softer, but positive revenue mix
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Q1 first read: softer, but positive revenue mix
Schibsted Asa Class A (XPG:FRA) | 0 0 0.0%
- Published:
06 May 2020 -
Author:
Henriette Trondsen -
Pages:
6
Excluding Adevinta (reported yesterday), Q1 revenues was broadly in-line
…while EBITDA was 10% below consensus and 6% below our estimate
Positive mix: classifieds slight better, newspapers/ Lendo/ Growth weaker
Cost savings increased within News Media and lower investments in Lendo