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An update from Schibsted ASA ( (GB:0MHM) ) is now available.
Schibsted Marketplaces reported a positive start to 2025, with a 4% increase in group revenues and an 18% rise in EBITDA for Q1. The company is streamlining its operations by exiting non-core businesses like Delivery and Prisjakt, and plans to return surplus capital to shareholders through a share buyback and special dividend. Despite challenges in advertising sales, Schibsted saw strong growth in its Real Estate vertical and improved margins across the board, signaling a strategic focus on high-value areas.
More about Schibsted ASA
Schibsted ASA is a company that focuses on creating efficient and user-friendly marketplaces, primarily in the Nordic region. Their core business includes various verticals such as Mobility, Real Estate, Jobs, and Recommerce, with a strong emphasis on enhancing customer offerings and monetization strategies.
Average Trading Volume: 231,082
Current Market Cap: NOK72.32B
For detailed information about 0MHM stock, go to TipRanks’ Stock Analysis page.