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Schibsted ASA (SCHA/SCHB) - Schibsted ASA assigned BBB/Stable rating from Scope Ratings

Scope assigns first-time issuer rating of BBB/Stable to Schibsted ASA. The rating reflects the company's solid operating performance, backed by a leading position in online classifieds and media and a robust financial risk profile that includes moderate leverage and strong liquidity. 

The latest information on the rating, including rating reports and related methodologies, is available on this link (https://bit.ly/3sCwhQN)



Oslo, 23 August 2021

SCHIBSTED ASA




Contacts

Catharina Thorenfeldt 

Group Treasurer

+47 916 86 692

Email: catharina.thorenfeldt@schibsted.no



Malin Langtvet

IR Officer

+47 916 86 710

Email: ir@schibsted.com 

Disclosure regulation

This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

About Schibsted

Schibsted is a family of digital brands with a strong Nordic position, and more than 5,000 employees. Millions of people enjoy interacting with our companies every day through our online marketplaces such as FINN, Blocket and Oikotie; our media houses including Aftenposten, VG and Aftonbladet; and digital services like Lendo. We also help new promising businesses grow. Our joint mission of empowering people in their daily lives is rooted in the values of our media heritage and a legacy of bold change. At our best, we are a fearless force for change in a society built on trust and transparency. 

Schibsted is listed on Oslo Børs and holds a majority ownership in Adevinta, a company that was spun off and publicly listed as a separate company on Oslo Børs in 2019.

Attachments

Source: nordicir.com
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