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Schibsted appoints Per Christian Mørland as new EVP CFO

Today, Schibsted has appointed Per Christian Mørland as Executive Vice President and Chief Financial Officer. Mørland has held a number of leading strategic and operational roles in Nordic and global companies through his career. He is currently Group CFO at Telia in Stockholm. Prior to his current role he has

Schibsted Capital Markets Day on 28 March 2023

Schibsted hosts a Capital Markets Day (CMD) for investors, analysts and media in Oslo. Presentations will start at 10:00 CET and will last, including Q&A, until approx. 14:30 CET. The main focus on that day is our shift to a vertical-based operating model in Nordic Marketplaces. Presentation material, and financial

VG’s news editor is named editor of the year

“She’s equipped with a strong will and clear opinions about what the newspaper should be and must become,” says the jury about Tora Bakke Håndlykken, news editor at VG. Oslo Redaktørforening (Oslo Editors’ Association) named this year’s editors in Oslo and Akershus last night. In strong competition with NRK’s foreign

Schibsted Ventures invests in the delivery experience platform Ingrid

Ingrid, a Stockholm-founded SaaS delivery platform, has just completed a 100 million SEK (€9M) funding in a late seed round led by Schibsted Ventures to simplify everyday life for consumers and make merchants and marketplace businesses more profitable. BLQ Invest, SEB and Verdane also participated in the round.  Ingrid connects

Mother’s Day and Valentines success for Morgenlevering

The celebrations almost sent shock waves through the entire value chain. In total, Morgenlevering sold over 100,000 products over the course of these events – a 3-400 percent increase in demand. The partly owned Schibsted company, Morgenlevering, was started in 2016. The couriers who deliver Morgenlevering  also deliver newspapers, magazines

Supreme Court rules for Schibsted in the Nettbil case

In a verdict handed down by the Norwegian Supreme Court today, Schibsted has won the so-called Nettbil case. The case has been ongoing since the Norwegian Competition Authority decided to prohibit Schibsted’s acquisition of Nettbil in 2020. Thus, the Supreme Court – like the Court of Appeal – confirms that

Schibsted results 4th quarter 2022

Today, Schibsted released its Q4 2022 results. Documents and Links Results presentation Q4 2022 Interim report Q4 2022 Financials and Analytical Info Q4 2022 Q4 2022 Webcast Link Improved EBITDA and robust financial position “In a more challenging market caused by macroeconomic developments, underlying¹ Group revenues increased by 3 per

Invitation to the virtual presentation of Schibsted’s Q4 2022 results

Schibsted will release its Q4 2022 results on 10 February 2023. It will not be possible to physically attend the presentation. Programme for the day, 10 February 2023: 07:00 CET Publication of the Q4 results including interim report, presentation and financials and analytical information. 09:00 CET CEO Kristin Skogen Lund

Schibsted launches a new look to strengthen brand

A new and unique Schibsted font, new brighter colours and an inspirational gradient background. These are some of the assets in our updated digital native brand identity. Schibsted launched a new visual identity in 2019. With the increasing need to build Schibsted as an attractive and trusted brand, not least

Lendo focuses its growth ambition on the Scandinavian markets – plans to cease operation in four European markets.

Lendo is a leading marketplace for loans with a presence in several markets. Since its start in 2007, Lendo has had a strong growth foremost as the Scandinavian market leader of marketplaces for loan products towards consumers and small and medium enterprises. Part of the growth strategy has been to

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