Schibsted ASA (FRA:XPG)
€ 31.54 0.36 (1.15%) Market Cap: 7.22 Bil Enterprise Value: 7.01 Bil PE Ratio: 6.66 PB Ratio: 2.56 GF Score: 61/100
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Q4 2020 Schibsted ASA Earnings Call Transcript

Feb 12, 2021 / 08:00AM GMT
Release Date Price: €33.21 (+1.59%)
Jann;Boje Meinecke
Schibsted ASA - VP & Head of IR

Good morning, everyone, and welcome to the presentation of Schibsted's Q4 results. My name is Jann-Boje, and I'm the Head of Investor Relations.

Due to restrictions and to minimize infection risks, we will stream this presentation fully remotely at this time. As usual, Kristin, our CEO, will go through the highlights of the quarter and the development in our businesses. Afterwards, Ragnar, our CFO, will go through the financials in further detail. At the end of the presentation, we will have a Q&A session with a hard stop at 10:15. (Operator Instructions)

Kristin, please go ahead.

Kristin Skogen Lund
Schibsted ASA - CEO

Thank you, Jann-Boje, and welcome, everyone. So I'll start with the highlights. And Schibsted ended 2020 with a strong fourth quarter. Driven by a continued recovery after the contraction at the onset of the pandemic, our underlying revenues grew by 4% year-over-year in the quarter. And in addition to revenues returning to growth, cost savings led

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