Dialogue with shareholders and the financial market
Communication with the Norwegian and international stock markets is afforded a high priority at Schibsted. Schibsted’s dedicated and active management and investor relations departments work on a daily basis with the financial markets to make sure that relevant and sufficient information hits the market at the right time and provides a basis for a correct pricing of Schibsted shares. The goal is to increase knowledge about the company, build trust in Schibsted in the investment market, achieve improved liquidity for our shares and create the basis for the correct pricing of the share. Openness, accessibility and transparency are fundamental to good relationships with investors, analysts and other players in the financial market. The Group Board is regularly updated on these activities.
The reporting of financial information
Schibsted aims to issue financial reports that investors can have confidence in. In accordance with its mandate, the Group Board’s Audit Committee monitors the work on the company’s financial reports.
Schibsted publishes its financial figures quarterly. In connection with the Group’s quarterly reports, open presentations to investors are arranged. At these presentations, the CEO and CFO review the results and comment on the market and outlook. The chair of the Group Board also attends thee presentations. Members of the Group management attend these presentations as required.
The presentations in connection with the quarterly results are made available on the company’s website. The complete annual financial statements and directors’ report are made available on the company’s website at least 21 days before the Annual General Meeting. The company’s financial calendar is announced for one year at a time and published on the company’s website.
Other market information
In accordance with the Norwegian Securities Trading Act and Stock Exchange Act, notifications are distributed to the Oslo Stock Exchange and national and international news agencies and are published on Schibsteds website.
Schibsted regularly arranges a Capital Markets Day in order to present its strategy and other key development trends. Schibsted’s Capital Markets Day was last held February 28th 2012. A video webcast of the entire event and the presentation material are available on the company’s website.
For further information, refer to Shareholder information and the company’s website.