Schibsted ASA Financial Update: Q1 2025 Performance

Schibsted ASA, a prominent player in the media and communication services sector, has recently released its financial results for the first quarter of 2025. The company, listed on Oslo Bors ASA, reported a notable increase in its EBITDA, surpassing market expectations.

Financial Highlights:

  • EBITDA Performance: Schibsted’s EBITDA for Q1 2025 rose to 394 million NOK, exceeding the anticipated 340 million NOK. This represents an 18% surge compared to the previous year, as highlighted in the company’s Q1 2025 slides.

  • Market Reaction: Despite the positive EBITDA figures, Schibsted reported a first-quarter loss from continuing operations of 2.29 billion NOK, a significant increase from the 114 million NOK loss in the same period the previous year. The adjusted loss per share was 9.94 NOK, compared to 3.50 NOK the prior year.

  • Revenue Insights: Schibsted Marketplaces, a subsidiary, experienced a slight decline in revenue, which was below expectations. However, the EBITDA for the segment increased more than anticipated, with a 5.2% rise to 2,015 million NOK.

Strategic Developments:

  • Acquisition of Prisjakt: On May 6, 2025, Schibsted announced the acquisition of Prisjakt Sverige AB, a Swedish e-commerce price comparison service, through a deal with eEquity. This move aligns with Schibsted’s strategy to expand its digital offerings.

  • Upcoming Financial Disclosure: Schibsted is set to release its full quarterly earnings on May 7, 2025, providing further insights into its financial health and strategic direction.

Market Context:

  • Stock Performance: As of May 4, 2025, Schibsted’s share price stood at 322.8 NOK, with a 52-week range between 277.2 NOK and 396 NOK. The company’s market capitalization was reported at 31,729,889,356 NOK.

  • Industry Outlook: Schibsted operates in a competitive media landscape, focusing on online classified services and media operations across Europe and international markets.

The company’s strategic initiatives and financial performance in Q1 2025 reflect its ongoing efforts to adapt and grow in a rapidly evolving digital environment. Investors and stakeholders will closely watch the upcoming earnings release for further insights into Schibsted’s future trajectory.