AI assistant
Adevinta Investor Presentation 2020
3520_rns_2020-04-21_b67cd636-80d1-4780-9be0-8de0d9ef6ee1.pdf
Investor Presentation
Open in viewerOpens in your device viewer
Adjusted reporting structure effective Q1 2020
April 2020
Creating perfect matches on the world's most trusted marketplaces
Adjusted reporting structure as of Q1 2020
Increased consistency in reporting of Global Markets and HQ/Other segments
Complete restated segment quarterly numbers for 2018 and 2019 are provided in a spreadsheet on www.adevinta.com/ir
2019 Effect of adjusted reporting structure - consolidated view
| Group | No Change | |
|---|---|---|
| France | ||
| Spain | No Change | |
| Brazil | ||
| Global Markets | Revenues EUR +39.9m = EBITDA EUR +5.5m = |
Willhaben revenues on a 100% basis, previously not included in the Operating segments. Willhaben EBITDA of EUR 7.8 million on a 100% basis, previously not included in the operating segments Negative effect of EUR 2.3 million related to Management of the Global Markets segment, moved from HQ/Other |
| HQ/Other | Revenues EUR -0.6m = EBITDA EUR +2.3m = |
Services formerly invoiced to the Global Markets segment. The functions are moved to the Global Markets segment in the new structure. Expenses related to Management of the Global Markets segment moved to the Global Markets segment |
| Eliminations | Revenues EUR -39.3m = EBITDA EUR -7.8m = |
Willhaben revenues of EUR 39.9 million eliminated, as the company is presented as a JV, and should not be part of Group consolidated revenue 0.6 million reduced elimination, mirroring the reduction in the HQ/Other segment described above. Willhaben EBITDA of EUR 7.8 million eliminated, as the company is presented as a JV, and should not be part of Group consolidated revenue |
Reconciliation of old and new segment reporting – revenues, EBITDA
| FINANCIAL | Full year | Full year | Full year | Full year | Full year | Full year |
|---|---|---|---|---|---|---|
| SEGMENTS | 2019 | 2018 | 2019 | 2018 | 2019 | 2018 |
| old | old | restated | restated | |||
| Operating revenues | change | change | ||||
| Adevinta Group | 680,3 | 594,6 | 680,3 | 594,6 | ||
| France | 357,4 | 306,6 | 357,4 | 306,6 | ||
| Spain | 182,0 | 160,0 | 182,0 | 160,0 | ||
| Brazil | 86,0 | 68,9 | 86,0 | 68,9 | ||
| Global Markets | 124,2 | 118,3 | 164,1 | 154,6 | 39,9 | 36,3 |
| Other/Headquarters | 13,4 | 1,1 | 12,8 | /,0 | (0,6) | (0,1) |
| Eliminations | (82,7) | (66,2) | (122,1) | (102,5) | (39,3) | (36,3) |
| FRITDA | ||||||
| Adevinta Group | 199,5 | 151,0 | 199,5 | 151,0 | ||
| France | 191,3 | 169,3 | 191,3 | 169,3 | - | |
| Spain | 60,5 | 47,1 | 60,5 | 47,1 | ||
| Brazil | 6,0 | 2,6 | 6,0 | 2,6 | ||
| Global Markets | 10,1 | (30,4) | 15,7 | (25,6) | 5,5 | 4,8 |
| Other/Headquarters | (63,2) | (34,8) | (61,0) | (32,0) | 2,3 | 2,8 |
| Eliminations | (5,2) | (2,7) | (13,0) | (10,3) | (7,8) | (7,6) |
Proportionate revenue and EBITDA is not affected by the changes
Investor information
Visit Adevinta's website www.adevinta.com
Marie de Scorbiac
Adevinta ASA Akersgata 55, P.O. Box 490 Sentrum, N-0159 Oslo Norway E-mail: [email protected]
[email protected] +336 1465 7740
