Revenues up 11% y-y (LFL) – 2%/1% above ARCe/Cons
Growth driven by price increases in France and Mobile
EBITDA at EUR 141m, 11% above ARCe due to lower marketing spend
FY22 guidance reiterated, FY23 comments represents upside to cons.

24 Nov 2022
Arctic FLASH: Adevinta - Slight consensus beat and upside to 2023 estimates

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Arctic FLASH: Adevinta - Slight consensus beat and upside to 2023 estimates
Revenues up 11% y-y (LFL) – 2%/1% above ARCe/Cons
Growth driven by price increases in France and Mobile
EBITDA at EUR 141m, 11% above ARCe due to lower marketing spend
FY22 guidance reiterated, FY23 comments represents upside to cons.