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    SCHA   NO0003028904

SCHIBSTED ASA

(SCHA)
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Schibsted ASA : (SCHA/SCHB) - Schibsted ASA : assigned BBB/Stable rating from Scope Ratings

08/23/2021 | 02:40am EST

Scope assigns first-time issuer rating of BBB/Stable to Schibsted ASA. The rating reflects the company's solid operating performance, backed by a leading position in online classifieds and media and a robust financial risk profile that includes moderate leverage and strong liquidity. 

The latest information on the rating, including rating reports and related methodologies, is available on this link (https://bit.ly/3sCwhQN)



Oslo, 23 August 2021

SCHIBSTED ASA




Contacts

Catharina Thorenfeldt 

Group Treasurer

+47 916 86 692

Email: catharina.thorenfeldt@schibsted.no



Malin Langtvet

IR Officer

+47 916 86 710

Email: ir@schibsted.com 

Disclosure regulation

This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

About Schibsted

Schibsted is a family of digital brands with a strong Nordic position, and more than 5,000 employees. Millions of people enjoy interacting with our companies every day through our online marketplaces such as FINN, Blocket and Oikotie; our media houses including Aftenposten, VG and Aftonbladet; and digital services like Lendo. We also help new promising businesses grow. Our joint mission of empowering people in their daily lives is rooted in the values of our media heritage and a legacy of bold change. At our best, we are a fearless force for change in a society built on trust and transparency. 

Schibsted is listed on Oslo Børs and holds a majority ownership in Adevinta, a company that was spun off and publicly listed as a separate company on Oslo Børs in 2019.

Attachments

  • Download announcement as PDF.pdf

© NTB Norway, source NTB English Regulatory Releases

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More news
Analyst Recommendations on SCHIBSTED ASA
More recommendations
Financials
Sales 2021 14 595 M 1 590 M 1 590 M
Net income 2021 61 695 M 6 723 M 6 723 M
Net Debt 2021 6 649 M 725 M 725 M
P/E ratio 2021 1,47x
Yield 2021 0,54%
Capitalization 84 277 M 9 184 M 9 184 M
EV / Sales 2021 6,23x
EV / Sales 2022 5,69x
Nbr of Employees 5 000
Free-Float 69,4%
Chart SCHIBSTED ASA
Duration : Period :
Schibsted ASA Technical Analysis Chart | SCHA | NO0003028904 | MarketScreener
Technical analysis trends SCHIBSTED ASA
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 12
Last Close Price 386,60 NOK
Average target price 514,00 NOK
Spread / Average Target 33,0%
EPS Revisions
Managers and Directors
Kristin Skogen Lund Chief Executive Officer
Ragnar Kňrhus Chief Financial Officer
Ole Jacob Sunde Chairman
Sven St°rmer Thaulow Chief Data & Technology Officer
Christian Ringnes Independent Director
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