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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Q3 2024 Schibsted ASA Earnings Call Transcript

Oct 25, 2024 / 07:00AM GMT
Release Date Price: €31.08 (+6.95%)
Jann;Boje Meinecke
Schibsted ASA - VP, Head of Investor Relations

Good morning. And thank you for joining us for Schibsted Marketplaces Q3 results presentation. As usual Christian, our CEO; and PC, our CFO, will provide you with some color and key developments in the third quarter. (Event Instructions)

So without further delay, Christian, please let me hand over to you.

Christian Printzell Halvorsen
Schibsted ASA - Chief Executive Officer

Thank you so much, Jann-Boje. Good morning, and welcome everyone to this third-quarter presentation. This was a quarter where we took another important step in our strategic transformation to becoming a pure-play marketplaces company. And we showed discipline, execution, and commitment to long-term shareholder value creation.

Now, following the sale of our media business and the other transaction, which together generated approximately NOK24 billion. We have now returned the second tranche of our special cash dividend that amounted to NOK2 billion, and we have also initiated the first

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