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Schibsted ASA (SBSTA.OL)

SBSTA.OL on Oslo Stock Exchange

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Tue, Sep 18 2018

UPDATE 1-Schibsted to spin off international online classifieds in IPO

* Shares surge more than 10 percent (Adds analyst comment, background)

Schibsted to spin off international online classifieds in IPO

OSLO, Sept 18 Media group Schibsted will spin off its international online classified ads operations in an initial public offering, the Norwegian company said on Tuesday, sending its shares surging more than 10 percent.

Publisher Schibsted second quarter earnings hit all-time high, shares leap

OSLO Shares in Norwegian media and classified ads group Schibsted surged on Tuesday after it reported record second quarter core earnings and continued to reduce capital investments.

UPDATE 1-Publisher Schibsted Q2 earnings hit all-time high, shares leap

* To conclude strategic review of lending firm Lendo in Q3 (Adds shares, analyst, detail)

Schibsted books Q2 impairment loss of NOK 125 mln

OSLO, July 17 Media Group Schibsted said in Q2 report:

Publisher Schibsted Q2 EBITDA hits all-time high, keeps outlook

OSLO, July 17 Norwegian media and classified ads group Schibsted said it continued to reduce capital investments as it reported better-than-expected second-quarter core earnings on Tuesday.

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