The Schibsted consolidated accounts for the year 1997 were approved at the Schibsted Board Meeting held today. The key figures for 1997 and corresponding figures for 1996 are:
A dividend of NOK 1.75 for 1997 (NOK 1.50 for 1996) will be proposed to the Annual Shareholders` Meeting to be held on May 7.
The Board will also propose to the Annual Shareholders` Meeting that a mandate be given enabling the company to pursue a share buy-back program, according to the rules under the new Company Act.
Schibsted’s accounts and annual statement are available on the Internet on Schibsted’s home site, with the address: http://www.schibsted.no
Full year presentation: http://www.huginonline.no/SCH/PRES/sch97pres_e.pdf