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Adevinta — Regulatory Filings 2021
Nov 5, 2021
3520_rns_2021-11-05_c34963cd-918e-4ac6-9041-56be3b743b60.html
Regulatory Filings
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Disclosure of historical segment information
Disclosure of historical segment information
Oslo, 5 November 2021 - Adevinta ASA (ADE) ("Adevinta" or "the Company")
disclosed today historical segment information. This information is available in
the document attached to this press release.
The purpose of this document is to provide a track record of consolidated
quarterly segment information for the fiscal years ended 31 December 2019 and
2020, and the period ended 30 June 2021, for the group (the "Group") resulting
from the acquisition of eBay Classifieds Group by Adevinta on 25 June 2021.
The information disclosed reflects the results of the Group, as if it had
existed during the periods presented. It does not include the contribution of
joint ventures that are not 100% consolidated (namely OLX Brasil and Willhaben).
As of Q3 2021, Adevinta will implement changes in the financial reporting
structure. The segment disclosed here represents the revised reporting structure
of the Group and, therefore, the segments that will be presented in the
consolidated annual financial statements for the year ended 31 December 2021.
Adevinta has identified France, Mobile.de, European Markets, International
Markets and Headquarters and Others as operating segments, based on the internal
reporting structure. This reflects how the operating results will be reviewed
and managed, and how performance will be assessed by Group Management going
forward, following the acquisition of eCG.
-End-
IR contact
Marie de Scobiac
Head of Investor Relations
[email protected] (mailto:[email protected])
Anne-Sophie Jugean
Investor Relations Manager
+33 6 74 19 22 81
(mailto:[email protected])About Adevinta
Adevinta is a global online classifieds specialist, operating digital
marketplaces in 16 countries. The company provides technology-based services to
connect buyers with sellers and to facilitate transactions, from job offers to
real estate, cars, consumer goods and more. Adevinta's portfolio spans more than
40 digital brands, covering one billion people and attracting approximately
three billion average monthly visits. Leading brands include top-ranked
leboncoin in France, Germany's leading classifieds sites mobile.de and eBay
Kleinanzeigen, Marktplaats in the Netherlands, Kijiji in Canada, fotocasa and
InfoJobs in Spain, and 50% of fast-growing OLX Brasil. Adevinta spun off from
Schibsted ASA and publicly listed in Oslo, Norway in 2019. Adevinta employs
almost 7,000 people committed to supporting users and customers daily. Find out
more at Adevinta.com (http://www.adevinta.com).
***
This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act