- Schibsted’s fourth-quarter EBITDA was NOK 337 million, missing the estimate of NOK 500 million.
- Revenue growth was primarily driven by the Delivery and Real Estate segments.
- EBITDA growth received support from the Headquarters segment and Mobility.
- Throughout 2024, Schibsted achieved solid financial results despite undergoing major transformations and facing a challenging market environment.
- The performance was affected by weaker advertising revenues, partly due to the separation from Schibsted Media.
- Macroeconomic factors and lower average revenue per account (ARPA) in Norway’s Real Estate sector also impacted results.
- Current analyst recommendations include 9 buy ratings, 7 hold ratings, and 2 sell ratings.
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Schibsted ASA on Smartkarma
Analysts on Smartkarma, including Value Investors Club, are closely monitoring Schibsted ASA, a company undergoing a strategic shift towards becoming a pure-play online classifieds business. The latest research report dated August 2, 2024, highlights Schibsted’s strong foothold in Norway, where it operates across multiple verticals and geographies. The report underscores recent actions such as asset sales and cost-cutting measures, which are expected to drive improved operational performance and unlock growth opportunities.
The sentiment within the research leans positively (bullish), as analysts acknowledge Schibsted’s focused business model and strategic initiatives. This insight, created about three months ago by Value Investors Club, provides valuable information for investors seeking to understand the evolving landscape of Schibsted ASA and the potential for its future growth in the online classifieds sector.
A look at Schibsted ASA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on Smartkarma Smart Scores, Schibsted ASA shows a promising long-term outlook. With a strong Growth score of 5, the company is positioned well for future expansion and development. Additionally, its Resilience score of 4 indicates a solid ability to withstand economic challenges, providing a stable foundation for growth.
Although the Dividend score is 2, Schibsted ASA‘s overall outlook remains positive due to its respectable Value and Momentum scores of 3 each. The company’s diverse operations in online classifieds and media houses in Europe and international markets further support its potential for sustained success in the long term.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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