Schibsted ASA (FRA:XPG)
€ 31.52 1.02 (3.34%) Market Cap: 7.02 Bil Enterprise Value: 6.81 Bil PE Ratio: 6.66 PB Ratio: 2.56 GF Score: 63/100
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Schibsted ASA Capital Markets Day Transcript

Mar 07, 2019 / 09:00AM GMT
Release Date Price: €34.78 (-1.39%)
Ole Jacob Sunde
Schibsted ASA - Board Chair

Good morning, everybody. It's good to see everybody, and welcome to this Capital Market Day for Schibsted and Adevinta. I'm Ole Jacob Sunde, and I have been Chairman of Schibsted since 2002, and I entered the board in 2000. And I also have the pleasure of being the Chair of the Tinius Trust, which controls the largest stake at -- in Schibsted. In my spare time -- can I say that -- I do, like most of you, run a wealth management company. I founded it in 2000, and we now manage about EUR 10 billion in Scandinavia.

It is interesting to see what an enormous change there has been in the last decades in the capital markets, but I assure you that the change of pace that we have seen in the capital markets, is nothing compared to the change of pace in the modern media industry, and that's one of the topics for today.

The change of pace in the media industry also reflects the history of Schibsted. Our history is about the introduction of technology and content and how to build sustainable growth. Our founder, Christian Schibsted, was an orphan. He

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