Press & News


News Media reduces costs

Siv Juvik Tveitnes

Today, Schibsted has informed that its media division, News Media, will be reducing costs by NOK 500 million over the next two years to improve profitability and to bring the EBITDA margin back to the target range of 10-12 per cent in 2024. The cost reductions are due to the

Schibsted announces CFO transition

Today, Schibsted informs that EVP CFO Ragnar Kårhus has decided to step down in the summer of 2023, and that a global search for a new CFO will be initiated. Following the transition, Kårhus will remain as senior advisor in Schibsted. “After having had executive positions for more than 25

Schibsted acquires Finland’s leading used car C2B auction marketplace AutoVex

Schibsted has today acquired 79% of Finnish consumer-to-business (C2B) used car auction marketplace AutoVex. With the acquisition Schibsted shows both its commitment to continue to explore opportunities in the Finnish market, as well as strengthening its marketplace position already established through Oikotie and Tori with new verticals. AutoVex is the

Schibsted’s statement regarding the European Commission’s Statement of Objections

  The European Commission today announced that it has sent a Statement of Objections to Meta over anticompetitive conduct, particularly in online classified ads, that violates EU competition rules. Schibsted has actively followed the file and also given input to the Commission. We, therefore, appreciate that the Commission today has

It’s time to reveal Schibsted Future Report 2023

How can we spur innovation when times are tough? Will crypto survive the winter and revolutionise our trading system? And what will happen if China really wins the tech war? Schibsted’s Future Report is our annual outlook on trends within tech, people and business, where employees across Schibsted’s family of

Schibsted Ventures participates in Dintero’s new investment round

The successful Norwegian startup Dintero which has tripled its growth since March 2021, has completed a funding round of NOK 30M in which Schibsted continues to participate alongside other investors. Dintero delivers an all-in-one payment solution for online shops that integrate all popular payment methods as well as giving platforms

Watch the launch of Schibsted Future Report 2023!

On 6 December we’ll host the launch party for this year’s Schibsted Future Report. The Schibsted Future Report is our annual outlook on trends within tech, people and business. The people within the Schibsted family contribute to boil down the most important ideas and insights for the coming year. The

Schibsted sells Adevinta shares

In two stock exchange releases yesterday afternoon, Schibsted announced  that the company is selling almost 24.5 million shares in Adevinta, corresponding to approximately two percent of Adevinta’s issued shares. In addition, the company enters into a so called total return swap (TRS) of around 3 percent of Adevinta’s issued shares.

New Head of Schibsted Ventures – increased focus on marketplace models

Jussi Lystimäki will take the role as Head of Ventures from January 1. Going forward, there will be an an increased focus on investing closer to Schibsted’s core business by, amongst other things, strengthening the portfolio with marketplace business models. Jussi comes from the role as CEO of Schibsted Marketplaces

Schibsted reporters are awarded Sweden’s most prestigious journalism prize

Aftonbladet and Svenska Dagbladet win Voice of the Year and Narrator of the Year. Schibsted’s two Swedish media houses, Aftonbladet and Svenska Dagbladet have every reason to celebrate after Sweden’s most prestigious and prodigious journalism awards were handed out on Thursday evening. Two of five prizes went to Schisbsted newspapers

Schibsted Results 3rd Quarter 2022

Today, Schibsted released its Q3 2022 results. Documents and Links Results presentation Q3 2022 Financials and analytical info Q3 2022 Interim report Q3 2022 Q3 2022 Webcast Link Solid quarter for Nordic Marketplaces, while News Media’s financial performance suffered from challenging print business development. “Despite the increased macroeconomic uncertainty, Nordic

Invitation to the presentation of Schibsted’s Q3 2022 results

Schibsted will release its Q3 2022 results on 27 October 2022. Programme for the day, 27 October 2022: 07:00 CET Publication of the Q3 results including interim report, presentation and financials and analytical information. 09:00 CET CEO Kristin Skogen Lund and CFO Ragnar Kårhus will present the Q3 results as