Oslo, 3 April 2020 Adevinta ASA’s annual report for 2019 is published, and follows enclosed here. The Adevinta Annual Report 2019 is available on www.adevinta.com/ir and a printed copy can also be obtained free of charge upon written request to the following email address: press@adevinta.com.
Oslo, 29 March 2020: The Board of Adevinta ASA today approved the annual accounts for 2019. There are no changes compared to the preliminary annual accounts published on 12 February 2020. The Annual General Meeting of Adevinta will be held on Tuesday 5 May 2020 at 11:00 CEST at Schibsted ASA’s
OLX Brazil to acquire Grupo ZAP and strengthen its position in the real estate segment in the country The deal values Grupo ZAP at approximately R$ 2.9 billion The partnership promises an improved user experience and service offering The transaction is subject to approval by Brazil’s Antitrust Agency (CADE) Amsterdam,
Oslo, 27 February 2020: Adevinta ASA announces the refinancing of its existing €300 million bank facility with €600 million multi-currency Term Loan and Revolving Credit Facilities, which took effect on 25 February 2020. The Facilities include an accordion increase option, which provides flexibility for the parties to agree an increased
Q4 2019 Quarterly Results Presentation Adevinta Q4 2019 report Financial and Analytical Info Q4 2019 – Global total revenues rise 16% to €200 million – Revenue from verticals grew 20% – Brazil local currency revenues up 23% – Softness continues in Global Markets – EBITDA1 increased 16% to €52 million
Adevinta today kicks off the second year of its Women in Leadership program, with a new cohort of 20 women from 10 different countries. More women leaders are needed Women in Leadership is Adevinta’s year-long accelerated development program designed to get more talented, high-potential women ready to succeed in leadership
Global total revenues rise 15% to €180 million Core vertical marketplaces revenues climb 16% EBITDA up 38% to €54 million Cash flow up 71% to €37 million
Adevinta announces that Giuseppe Pasceri will succeed Melany Libraro as the new General Manager for Adevinta in Italy, overseeing Subito and InfoJobs. Giuseppe joined Adevinta in Italy in 2018 from the Italian Government Digital Team, bringing extensive experience in digital transformation and user-centered businesses. He most recently served as Chief
The acquisition enables leboncoin Group to create the most extensive offer in France’s online second-hand car market. Adevinta announces that leboncoin Group, France’s number one peer-to-peer website and leading online marketplace for cars, property and jobs, has today finalised the acquisition of Argus Group. Argus Group is one of France’s
The Board of Directors of Adevinta ASA has resolved to propose a combination of the Company’s two share classes into one class of ordinary shares. This is in line with the Board of Directors’ intention as communicated in connection with the initial public offering and listing of the Company in
Adevinta announces it has reached an agreement to acquire the Argus Group, the leading player in digital marketing services to the automotive industry in France, to further strengthen leboncoin Group, France’s number one peer-to-peer website and leading online marketplace for cars, property and jobs. The transaction is expected to close
Adevinta, through its Adevinta Ventures team is investing in Flatfair, a “deposit-free” renting platform, in a US$11m Series A funding round, led by Index Ventures and with participation from other investors. Founded in 2016 and based in London, Flatfair facilitates rentals by removing the need for tenants to give landlords
